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

  • From: John Corcoran
    Organization(s):

    Comment No: 20395
    Date: 4/26/2010

    Comment Text:

    10-005
    COMMENT
    CL-00096
    From:
    Sent:
    To:
    Subject:
    John Corcoran
    Monday, April 26, 2010 12:32 AM
    Metals Hearing
    Position Limits for Precious Metals
    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,
    John Corcoran