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

  • From: Iohn & B J Wilson
    Organization(s):

    Comment No: 20440
    Date: 4/25/2010

    Comment Text:

    10-005
    COMMENT
    CL-00141
    From:
    Sent:
    To:
    Subject:
    John Wilson
    Sunday, April 25, 2010 9:25 AM
    Metals Hearing
    Speculative Position Limits on COMEX Silver
    Dear Sir;
    Thank you for the opportunity to comment on the issue of position limits for precious metals.
    We would to request that you 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,
    Iohn and B.J. Wilson
    Palestine, TX