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

  • From: Gary W Cable
    Organization(s):

    Comment No: 20835
    Date: 4/16/2010

    Comment Text:

    10-005
    COMMENT
    CL-00536
    From:
    Sent:
    To:
    Subject:
    Gary Cable
    Friday, April 16, 2010 4:29 PM
    Metals Hearing
    metal manipulation
    To Whom it may concern;
    Thank you for the opportunity to comment.
    Precious metals trading has been manipulated for too long. 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.
    Best regards,
    Gary Cable
    Gary W. Cable, Q.C.
    Barrister & Solicitor / Trade-Mark Agent
    295 Nottingham Cove
    Sherwood Park, Alberta, CANADA
    T8A 5X5
    telephone (780) 417-2000
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