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

  • From: Hilmar Levie
    Organization(s):
    Luxury Garden International Ltd

    Comment No: 20831
    Date: 4/16/2010

    Comment Text:

    10-005
    COMMENT
    CL-00532
    From:
    Sent:
    To:
    Subject:
    Hilmar Levie
    Friday, April 16, 2010 5:32 PM
    Metals Heating
    Commodity Futures Trading Commission, speculative position limits for precious
    metals COMEX
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street NW
    Washington, DC 20581
    Dear Sir;
    Thank 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 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.
    Sincerely,
    H. Levi
    director
    LUXURY GARDEN INTERNATIONAL LTD.