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

  • From: Ricardo Soto
    Organization(s):

    Comment No: 20326
    Date: 5/4/2010

    Comment Text:

    10-005
    COMMENT
    CL-00027
    From:
    Sent:
    To:
    Cc:
    Subject:
    Ricardo Soto
    Tuesday, May 4, 2010 1:53 AM
    Metals Hearing
    rsoptions@yahoo, com
    CFTC Gold & Silver Meeting
    Dear Sir;
    Thank for the opportunity 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,
    Ricardo Soto
    Investor