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

  • From: Patrick Dempsey
    Organization(s):

    Comment No: 20397
    Date: 4/25/2010

    Comment Text:

    10-005
    COMMENT
    CL-00098
    From:
    Sent:
    To:
    Subject:
    Patrick Dempsey
    Sunday, April 25, 2010 11:32 PM
    Metals Hearing
    Precious Metals Position Limits
    Dear Sir;
    Thank you for the opportunity to comment on the issue of position limits for precious metals. Please
    establish a position limit in COMEX silver of no more than 1500 contracts. Also, please consider
    restricting 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,
    Patrick Dempsey
    Sonora, CA