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

  • From: Mark Towery
    Organization(s):
    Tschopp Supply

    Comment No: 20745
    Date: 4/20/2010

    Comment Text:

    10-005
    COMMENT
    CL-00446
    From:
    Sent:
    To:
    Subject:
    Mark Towery
    Tuesday, April 20, 2010 6:20 AM
    Metals Hearing
    Proposed Federal Speculative Position
    Dear Sir:
    Thank you 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,
    Mark Towery
    Tschopp Supply, Mark Towery 7168186221 [email protected]