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

  • From: Nigel Bunting
    Organization(s):

    Comment No: 20340
    Date: 4/27/2010

    Comment Text:

    10-005
    COMMENT
    CL-00041
    From:
    Sent:
    To:
    Subject:
    Nigel Bunting
    Tuesday, April 27, 2010 1 :
    19
    PM
    Metals Hearing
    Manipulation in precious metal markets
    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.
    Yours Sincerely
    Nigel Bunting
    01206 337321H
    01206 3373270
    07730 406501M
    [email protected]
    Shelley Priory
    Shelley
    Ipswich
    Suffolk
    IP7 5RQ