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

  • From: Stanley Jedrusiak
    Organization(s):

    Comment No: 20748
    Date: 4/19/2010

    Comment Text:

    10-005
    COMMENT
    CL-00449
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, April 19, 2010 10:24 PM
    Metals Hearing
    Proposed Federal Speculative Position
    David Stawick, Secretary,
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Stee, NW,
    Washington,D.C.20581
    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 copntracts.
    Please restrict any hedging exemptions from those limits as well as 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 opf our markets.
    Sincerely
    Stanley Jedrusiak