Font Size: AAA // Print // Bookmark

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

  • From: Michael Furbush
    Organization(s):

    Comment No: 20714
    Date: 4/20/2010

    Comment Text:

    10-005
    COMMENT
    CL-00415
    From:
    Sent:
    To:
    Subject:
    mike furbush
    Tuesday, April 20, 2010 10:13 PM
    Metals Hearing
    Silver Market
    Dear Sir;
    I am a silver investor and believe I am being negatively and unfairly affected by the size of the existing
    short position! I would like the playing field to be level.
    Please establish a speculative position limit in COME×
    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,
    Michael Furbush