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

  • From: Ernest Martin
    Organization(s):

    Comment No: 20421
    Date: 4/25/2010

    Comment Text:

    10-005
    COMMENT
    CL-00122
    From:
    Sent:
    To:
    Subject:
    Ernest Martin
    Sunday, April 25, 2010 4:53 PM
    Metals Hearing
    Position Limits in 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,
    Ernest Martin