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

  • From: Chadwick Bissette
    Organization(s):

    Comment No: 20410
    Date: 4/25/2010

    Comment Text:

    10-005
    COMMENT
    CL-00111
    From:
    Sent:
    To:
    Subject:
    Chadwick Bissette
    Sunday, April 25, 2010 8:14 PM
    Metals Hearing
    Open Comment, CFTC Hearing of March 25
    Thank for the opportunity to comment on the issue of position limits for precious metals. I have
    reviewed the entire March 25 CFTC public hearing at length. I support the establishment a speculative
    position limit in COMEX silver of no more than 1500 contracts. I request that the commission 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. Thank you to Chairman Gensler for his indications tending toward leadership on this
    long-overdue issue. Thank you also to Bart Chilton.
    Sincerely,
    Chadwick Bissette