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

  • From: Charles Perity
    Organization(s):

    Comment No: 20358
    Date: 4/26/2010

    Comment Text:

    10-005
    COMMENT
    CL-00059
    From:
    Sent:
    To:
    Subject:
    harlie
    Monday, April 26, 2010 3:11 PM
    Metals Hearing
    Commoditiy furures position limits
    To the Secretary of the US Commodity Futures Trading Commission:
    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 of both silver and gold commodities. Please stop the levels of
    concentration in COMEX silver and gold futures that have been experienced over the past few years on the short
    side of the market.
    Sincerely,
    Charles Perity