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

  • From: Lucille Arneson
    Organization(s):

    Comment No: 20595
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00296
    From:
    Sent:
    To:
    Subject:
    Lucille Arneson
    Saturday, April 24, 2010 10:48 AM
    Metals Hearing
    Position limits for precious metals
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21 st Street NW
    Washington, DC 20581
    Dear Sir;
    Thank 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.
    Sincerely,
    Lucille Arneson