Font Size: AAA // Print // Bookmark

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

  • From: Richard Hammerness
    Organization(s):

    Comment No: 20464
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00165
    From:
    Sent:
    To:
    Subject:
    richard Hammerness
    Saturday, April 24, 2010 11 :
    19 PM
    Metals Hearing
    Hedging in COMEX Silver Futures
    Dear Sir;
    This is to request your support: Please establish a speculative position limit in COMEX silver of no
    more than 1500 contracts.
    Also, I would ask you limit hedging to legitimate hedgers.
    And finally, I would ask that you stop the levels of concentration in COMEX silver futures on the
    short side of the market.
    Sincerely,
    Richard Hammerness, CPA
    College Station, TX