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

  • From: George Johnson
    Organization(s):

    Comment No: 20380
    Date: 4/26/2010

    Comment Text:

    10-005
    COMMENT
    CL-00081
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, April 26, 2010 9:09 AM
    Metals Hearing
    position limits
    Hello sir: I would like to comment on position limits for precious metals. I feel you must establish a speculative
    position limits in COMEX silver of no more than 1500 contracts. At the same time restrict any hedging
    exemptions from those limits as well, to legitimate hedgers. I would urge you to please stop the levels of
    concentration in COMEX silver futures that we have seen over the past few years on the short side of the
    market.
    Thank you for your consideration in this matter
    George Johnson