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

  • From: Todd Ragan
    Organization(s):

    Comment No: 20762
    Date: 4/19/2010

    Comment Text:

    10-005
    COMMENT
    CL-00463
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, April 19, 2010 3:06 PM
    Metals Hearing ; secretary
    metals hearing- public comment
    Dear CFTC,
    Thank you for having the hearing to discuss the metals market. I would
    ask that you create a speculative position limit in COMEX Silver of
    1500 contracts or less. I would ask that you stop the levels of
    concentration in COMEX Silver futures that have been seen over the past
    couple of years on the short side of the market. Please restrict
    hedging exemptions from those limits to legitimate hedgers. You have
    an opportunity to improve the economic integrity in the United Statesof
    America and I pray that you take this as serious as our citizens know
    you should. Thank you for your time.
    Sincerely,
    Dr. Todd Ragan