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

  • From: Richard Benkert
    Organization(s):

    Comment No: 20486
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00187
    From:
    Sent:
    To:
    Subject:
    Richard Benkert
    Saturday, April 24, 2010 8:39 PM
    Metals Hearing
    Public Comment
    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 Benkert
    Office: (636) 281-5000 xt. 1020