Font Size: AAA // Print // Bookmark

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

  • From: John P Schultz
    Organization(s):

    Comment No: 20578
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00279
    From:
    Sent:
    To:
    Subject:
    John Schultz
    Saturday, April 24, 2010 11:20 AM
    Metals Hearing
    Public comment on COMEX regulation
    Gentlemen:
    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. Please restore confidence in regulation of this market.
    Sincerely,
    John P. Schultz