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

  • From: Pieter VanDerVeer
    Organization(s):

    Comment No: 20427
    Date: 4/25/2010

    Comment Text:

    10-005
    COMMENT
    CL-00128
    From:
    Sent:
    To:
    Subject:
    Pieter van der Veer
    Sunday, April 25, 2010 2:07 PM
    Metals Hearing
    Precious metals position limits
    Dear Sir,
    Thanks for the opportunity to comment on the issue of position limits for precious
    metals. Please establish position limit in Comex silver of no more than 1500
    contracts. Please restrict any hedging exemptions from these 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,
    Pieter van der Veer