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

  • From: Gene Quong
    Organization(s):

    Comment No: 20525
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00226
    From:
    Sent:
    To:
    Subject:
    Gene Quong
    Saturday, April 24, 2010 3:21 PM
    Metals Hearing
    Precious Metals Position Limits
    Dear Sir;
    I appreciate the opportunity to comment on the issue of position limits for precious metals. Please establish a
    speculative position limit in COMEX silver to no more than 1500 contracts. Please restrict any hedging
    exemptions to legitimate hedgers. Please stop the levels of concentration in COMEX silver futures that we have
    been experienced over the past few years on the short side of the market.
    Sincerely,
    Gene Quong