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

  • From: Martin Schnall
    Organization(s):

    Comment No: 20842
    Date: 4/16/2010

    Comment Text:

    10-005
    COMMENT
    CL-00543
    From:
    Sent:
    To:
    Subject:
    M Schnall
    Friday, April 16, 2010 12:51 PM
    Metals Heating
    position limits
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals.
    It concerns me greatly that COMEX silver futures have such a great short concentration in just a few traders. This
    would not be allowed to happen in any other market and it should not be allowed in this market either.
    Please establish a speculative position limit in COMEX silver of no more than 1500 contracts.
    Sincerely,
    Martin Schnall