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

  • From: Robert Gampp
    Organization(s):

    Comment No: 20619
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00320
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Saturday, April 24, 2010 9:37 AM
    Metals Hearing
    Proposed Federal Speculative Position
    David Stawick, Secretary, CFTC,
    Three Lafayette Centre
    1155 21st Street, NW
    Washington,DC 20581
    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 as well to legitimate hedgers. Restoring a small degree in the competency of
    Washington organizations is a much needed input. Please stop the levels of concentration in COMEX silver
    futures that have been experienced over the past several years on the short side of the market.
    Thank you for all your efforts to improve the integrity of our markets.
    Sincerely, Robert Gampp