Font Size: AAA // Print // Bookmark

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

  • From: Robert Muetzel
    Organization(s):

    Comment No: 20683
    Date: 4/21/2010

    Comment Text:

    10-005
    COMMENT
    CL-00384
    From:
    Sent:
    To:
    Subject:
    Bob Muetzel
    Wednesday, April 21, 2010 6:08 PM
    Metals Heating
    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. In my opinion this is criminal and it goes without saying that stopping all
    manipulation should be job number one of the CFTC and this manipulation has been occurring without
    controls. Please place these controls.
    Sincerely,
    Robert Muetzel