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

  • From: Mike Zellinger
    Organization(s):

    Comment No: 20723
    Date: 4/20/2010

    Comment Text:

    10-005
    COMMENT
    CL-00424
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, April 20, 2010 5:20 PM
    Metals Hearing
    Proposed fedeeral Speculative Position
    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 as well 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.
    Thank you for all your efforts to improve the integrity of our markets.
    Sincerely,
    Mike Zellinger
    Green valley, AZ