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

  • From: Paul Ferguson
    Organization(s):

    Comment No: 20701
    Date: 4/21/2010

    Comment Text:

    10-005
    COMMENT
    CL-00402
    From:
    Sent:
    To:
    Subject:
    secretary
    Wednesday, April 21, 2010 11:09 AM
    Metals Hearing
    FW: COMEX silver position limits
    From:
    Paul Ferguson [mailto:[email protected]]
    Sent:
    Wednesday, April 21, 2010 8:56 AM
    To:
    secretary
    Subject:
    COMEX silver 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,
    Paul Ferguson
    E-mail:
    paul.ferguson 1 @verizon.net