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

  • From: Joan Berry-Warder
    Organization(s):

    Comment No: 20377
    Date: 4/26/2010

    Comment Text:

    10-005
    COMMENT
    CL-00078
    From:
    Sent:
    To:
    Subject:
    Dr. Joan Berry
    Monday, April 26, 2010 9:55 AM
    Metals Heating
    Position Limits for Precious Metals
    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,
    Joan BerH-Warder