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

  • From: Philip Pritchard
    Organization(s):

    Comment No: 20626
    Date: 4/23/2010

    Comment Text:

    10-005
    COMMENT
    CL-00327
    From:
    Sent:
    To:
    Subject:
    Philip P
    Friday, April 23, 2010 5:04 PM
    Metals Hearing
    CFTC hearings
    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.
    Yours sincerely,
    Philip Pritchard