Font Size: AAA // Print // Bookmark

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

  • From: James Thornbury
    Organization(s):

    Comment No: 20501
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00202
    From:
    Sent:
    To:
    Subject:
    James Thornbury
    Saturday, April 24, 2010 6:03 PM
    Metals Hearing
    COMEX silver
    Dear Sir:
    Thank you 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 than1500 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,
    James Thornbury