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

  • From: Harry G Lackerdas
    Organization(s):
    Lackerdas Family Trust

    Comment No: 20388
    Date: 4/26/2010

    Comment Text:

    10-005
    COMMENT
    CL-00089
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    Monday, April 26, 2010 5:07 AM
    Metals Hearing
    Harry Lackerdas
    The Lackerdas Family Trust
    The Lackerdas Family Trust
    Harry O. and Sheila M. Lackerdas, Trustees
    340 E Santa Maria St., Unit B
    Santa Paula, California 93060
    (805) 794-9989
    April 25,2010
    Secretary of the Commission
    C.F.T.C.
    Washington, DC
    Dear Sir,
    Thank you for the opportunity to comment on the issue of position limits in the precious metals
    markets. 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,
    Harry G. Lackerdas, Trustee
    The Lackerdas Family Trust
    Email - [email protected]