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

  • From: Warren Bainter
    Organization(s):

    Comment No: 20628
    Date: 4/23/2010

    Comment Text:

    10-005
    COMMENT
    CL-00329
    From:
    Sent:
    To:
    Subject:
    w bainter
    Friday, April 23, 2010 4:49 PM
    Metals Hearing
    metals position limits
    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 as well 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.
    Thank you for all your efforts to improve the integrity of our markets.
    Sincerely,
    Warren Bainter
    PO Box 128
    Oberlin, KS 67749