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

  • From: Christopher Spink
    Organization(s):

    Comment No: 20824
    Date: 4/16/2010

    Comment Text:

    10-005
    COMMENT
    CL-00525
    From:
    Sent:
    To:
    Subject:
    Chris and Rhea
    Friday, April 16, 2010 8:40 PM
    Metals Hearing
    To the Secretary, Commodity Futures Trading Commission Re: position limits
    for Silver.
    Dear Sir;
    Thank you for this opportunity to discuss the issue of position limits for Silver. I would greatly
    appreciate it if you could create a speculative position limit in COMEX silver of no more than 1500
    contracts. Also could you please restrict any hedging exemptions from those limits to legitimate
    hedgers. Last but not least could you 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.
    Yours sincerely
    Christopher Spink
    PO Box1159 Kingscliff, 2487
    NSW Australia.