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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: Dave Schleicher
    Organization(s):

    Comment No: 20315
    Date: 5/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-00016
    From:
    Sent:
    To:
    Subject:
    Dave Schleicher
    Saturday, May 8, 2010 8:40 AM
    Metals Hearing
    Dear Sir;
    I would to comment on the issue of position limits for precious metals. Please establish a speculative
    position limit in COMEX silver of no more than 1500 contracts. Please restrict any hedging exemptions
    from those limits to legitimate hedgers. Please stop the levels of concentration in COMEX silver futures
    that have been experienced over the past few years on the short side of the market.
    Sincerely,
    Dave Schleicher