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

  • From: Joseph R Tietjens
    Organization(s):

    Comment No: 20655
    Date: 4/22/2010

    Comment Text:

    10-005
    COMMENT
    CL-00356
    From:
    Sent:
    To:
    Subject:
    Joe Tietj ens
    Thursday, April 22, 2010 3:30 PM
    Metals Heating
    Proposed Federal Speculative Position
    April 22, 2010
    David Stawick, Secretary, Commodity
    Futures Trading Commission, Three Lafayette
    Centre, 1155 21st Street, NW, Washington, DC 20581
    ref: Proposed Federal Speculative Position
    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,
    Joseph R. Tietjens
    3148 Glenn Road
    Bourbonnais, IL 60914