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

  • From: Richard Pluschau
    Organization(s):

    Comment No: 20479
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00180
    From:
    Sent:
    To:
    Subject:
    Richard Pluschau
    Saturday, April 24, 2010 9:31 PM
    Metals Hearing
    Contract Limits
    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,
    Richard Pluschau
    Victoria Falls
    37 Sherwood Road
    Rancho Mirage, CA 92270-1649
    Tel. 760-328-4747
    Cell 760-831-2019
    Fax 760-328-7353
    E-Mail [email protected]