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

  • From: Quentin Matthes
    Organization(s):

    Comment No: 20813
    Date: 4/17/2010

    Comment Text:

    10-005
    COMMENT
    CL-00514
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Saturday, April 17, 2010 10:58 AM
    Metals Hearing
    Positions limits for silver
    Dear Sir:
    May I take this 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. Also, 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 listening to my comments and thank you for all your efforts to improve the integrity of our markets.
    Sincerely,
    Quentin Matthes