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

  • From: Christopher Hoare
    Organization(s):

    Comment No: 20429
    Date: 4/25/2010

    Comment Text:

    10-005
    COMMENT
    CL-00130
    From:
    Sent:
    To:
    Subject:
    chris
    Sunday, April 25, 2010 1:48 PM
    Metals Hearing
    Position limits on the COMEX
    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,
    Mr Christopher Hoare