Font Size: AAA // Print // Bookmark

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

  • From: Kipling Hedley
    Organization(s):

    Comment No: 20523
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00224
    From:
    Sent:
    To:
    Subject:
    Kipling Hedley
    Saturday, April 24, 2010 3:42 PM
    Metals Hearing
    silver position limits
    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 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.
    Thank you for airing the March 25th meeting and for restoring faith in the CFTC. Keep up the good
    work.
    Yours sincerely,
    Kipling Hedley
    Stay in touch.
    Get Hotmail & Messenger on your phone.