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

  • From: Joe Knipp
    Organization(s):

    Comment No: 20341
    Date: 4/27/2010

    Comment Text:

    10-005
    COMMENT
    CL-00042
    From:
    Sent:
    To:
    Subject:
    secretary
    Tuesday, April 27, 2010 8:02 AM
    Metals Hearing
    FW: Public comment re Silver market
    From:
    Joe Knipp [mailto:[email protected]]
    Sent= Monday, April 26, 2010 5:08 PM
    To= secretary
    Subject= Public comment re Silver market
    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,
    Joe
    Knipp