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

  • From: David J Dunlap
    Organization(s):

    Comment No: 20618
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00319
    From:
    Sent:
    To:
    Subject:
    David Or Kathy Dunlap
    Saturday, April 24, 2010 9:47 AM
    Metals Hearing
    Silver Position Limits
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals.
    Manipulation within the metal markets must stop. The recent revelations about irregularities in the
    silver market requires action from our Federal Government. These are the kind of actions that must
    be taken if their is any chance of the Government regaining the peoples comfidence.
    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,
    David J. Dunlap