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

  • From: Ben Harvey
    Organization(s):

    Comment No: 20378
    Date: 4/26/2010

    Comment Text:

    10-005
    COMMENT
    CL-00079
    From:
    Sent:
    To:
    Subject:
    Ben Harvey
    Monday, April 26, 2010 9:26 AM
    Metals Hearing
    Market Credibility
    Dear Sirs;
    Thank you for again investigating the possibility of fraud in the Silver and Gold Futures Market.
    Thanks also 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,
    Ben Harvey