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

  • From: Hugh Black
    Organization(s):

    Comment No: 20447
    Date: 4/25/2010

    Comment Text:

    10-005
    COMMENT
    CL-00148
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Sunday, April 25, 2010 7:40 AM
    Metals Hearing
    position limits for 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 and gold futures that have been experienced over the past few
    years on the short side of the market.
    Sincerely,
    Hugh Black
    Vancouver, B.C.
    Canada