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

  • From: William Fowler
    Organization(s):

    Comment No: 20652
    Date: 4/22/2010

    Comment Text:

    10-005
    COMMENT
    CL-00353
    From:
    Sent:
    To:
    Subject:
    Mark and Anita Fowler
    Thursday, April 22, 2010 5:22
    PM
    Metals Hearing
    Metals markets - 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 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,
    William Fowler
    9 McKinlay Court
    Varsity Lakes
    QLD 4227
    AUSTRALIA
    telephone +617 5575 8565
    e-mail: [email protected]