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

  • From: Russ Raasu
    Organization(s):

    Comment No: 20564
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00265
    From:
    Sent:
    To:
    Subject:
    Russ Raasu
    Saturday, April 24, 2010 12:07 PM
    Metals Hearing
    COMEX 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.
    Even though I am a Canadian I feel this affects us all and I trust that you will do the right thing.
    Sincerely,
    Russ Raasu