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

  • From: Brigitte Brauer
    Organization(s):

    Comment No: 20390
    Date: 4/26/2010

    Comment Text:

    10-005
    COMMENT
    CL-00091
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, April 26, 2010 3:21 AM
    Metals Hearing
    Comment on the issue of position limits for precious metals
    Dear Sir,
    Thank for the opportunity to comment on the issue of position limits for precious metals:
    1. Please establish a speculative position limit in COMEX silver of no more than 1500 contracts.
    2. Please restrict any hedging exemptions from those limits to legitimate hedgers.
    3. 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
    Brigitte Brauer