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

  • From: Donald Sever
    Organization(s):

    Comment No: 20730
    Date: 4/20/2010

    Comment Text:

    10-005
    COMMENT
    CL-00431
    From:
    Sent:
    To:
    Subject:
    Donald Sever
    Tuesday, April 20, 2010 3:30 PM
    Metals Hearing
    Proposed Federal Speculative Position
    Dear Sir,
    Thank you for the opportunity to comment on the issue of position limits for precious metals. I believe you should please
    establish a speculative position limit in COMEX silver of no more than 1500 contracts. Please restrict any hedging
    exemptions from this limit 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,
    Donald Sever