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

  • From: John Milligan
    Organization(s):

    Comment No: 20680
    Date: 4/21/2010

    Comment Text:

    10-005
    COMMENT
    CL-00381
    From:
    Sent:
    To:
    Cc:
    Subject:
    John Milligan
    Wednesday, April 21, 2010 3:21 PM
    Metals Heating
    [email protected]; O'Malia, Scott ; Sommers, Jill
    ; Dunn, Michael ; Chilton, Bart
    ; Gensler, Gary
    precious metal hearing public comment
    Sir/Miss,
    Thank you for the opportunity to comment on the very important issue of
    position limits for precious metals.
    I respectfully ask you to retake, from the exchanges, authority over the
    setting of and granting exemptions to position limits. Please then
    establish a position limit in COMEX silver of a maximum of 1500 contracts,
    all months inclusive. I also request that you greatly restrict exemptions
    to those limits to bona fide producers and consumers.
    And, above all, please exercise all power and authority given you to bring
    about an end to the manipulative concentration in COMEX silver futures that
    exists on short side of the market.
    Sincerely,
    John Milligan
    2452 Sunriver Way
    Sooke BC V9Z 0Y7
    Canada
    250-883-2315
    778-425-3640