Comment Text:
10-005
COMMENT
CL-00131
From:
Sent:
To:
Subject:
[email protected]
Sunday, April 25, 2010 1:31 PM
Metals Hearing
Comment of position Limits for Precious Metals
Dear Sir;
This is a comment on the issue of position limits for precious metals.
Please establish a speculative position limit in COMEX silver of no more than 1000 contracts.
Transparency: When contracts are purchased by Public Companies - please make the information
public within one hour.
Please restrict any hedging exemptions from those limits to legitimate hedgers. Any company or
organization that has or is receiving Public Funds, Government Loans, or Federal Reserve contracts
need to be outright banned.
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.
Please understand that your commission, the individuals, and the support employees are all to be
held personally responsible if secrets are kept that allow the short side of the market to cause
unnecessary disruption to the US economy.
It is my opinion that the comission and its employees have an obligation to inform the public every
time a report is even one day late.
It is really difficult to understand why people have not been fired, fined, or replaced when reports
are even one day late.
Sincerely,
Rob Miller
