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

  • From: Rex & Carol Jones
    Organization(s):

    Comment No: 20611
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00312
    From:
    Sent:
    To:
    Subject:
    rex j ones
    Saturday, April 24, 2010 10:10 AM
    Metals Hearing
    Speculative Postition Limits
    Dear CFTC,
    Thank for the opportunity to comment on the issue of position limits for precious metals. We, Rex and Carol Jones believe
    that the speculative position limit in COMEX silver should be 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 level the playing field
    Respectfully,
    Rex and Carol Jones
    8303 E. 63rd Street South
    Derby, Kansas