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

  • From: David E Fortune
    Organization(s):

    Comment No: 20766
    Date: 4/19/2010

    Comment Text:

    10-005
    COMMENT
    CL-00467
    From:
    Sent:
    To:
    Subject:
    Dave Fortune
    Monday, April 19, 2010 12:19 PM
    Metals Hearing
    Re: Proposed Federal Speculative Position
    David Stawick, Secretary
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21 st Street, NW
    Washington, DC 20581
    Dear Mr. Stawick,
    I appreciate 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 to legitimate hedgers. Please stop the levels of
    concentration in COMEX silver futures that have existed over the past several years on the short side
    of the market.
    Thank you for your efforts to improve the integrity of these markets.
    Sincerely,
    David E. Fortune
    8185 Valhalla Drive
    Delray Beach, FL 33446
    FAX 954 436 7385
    CELL 954 849 8695
    [email protected]