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

  • From: Richard T & Sue King
    Organization(s):

    Comment No: 20754
    Date: 4/19/2010

    Comment Text:

    10-005
    COMMENT
    CL-00455
    From:
    Sent:
    To:
    Subject:
    Richard & Sue King
    Monday, April 19, 2010 5:33 PM
    Metals Hearing
    Proposed Federal Speculative Position
    Attn: David Stawick, Secretary, Commodity Futures Trading Commission
    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,
    Richard T. & Sue King
    2425 E. Loren St.
    Springfield, MO 65804