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

  • From: Peter Haberland
    Organization(s):

    Comment No: 20691
    Date: 4/21/2010

    Comment Text:

    10-005
    COMMENT
    CL-00392
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Wednesday, April 21, 2010 2:44 PM
    Metals Hearing
    Position Limits on Precius Metals
    Dear Sir;
    Thanks for the opportunity to comment on the subject of position limits for precious metals. Please
    establish a speculative position limit in COMEX silver of no more than 1500 contracts and for gold of
    3000 contracts. Please restrict any hedging exemption from those limits to legitimate hedgers. Please
    stop the levels of concentration in COMEX silver and gold futures that have been experienced over the
    past few years on the short side of the market.
    Sincerely
    Peter Haberland