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

  • From: Norm Koeckritz
    Organization(s):

    Comment No: 20392
    Date: 4/26/2010

    Comment Text:

    10-005
    COMMENT
    CL-00093
    From:
    Sent:
    To:
    Subject:
    [email protected] on behalf of
    Norm Koeckritz
    Monday, April 26, 2010 3:17 AM
    Metals Hearing
    Speculative position limit in COMEX silver
    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,
    Norm Koeckritz
    norm@koeckritz, com