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

  • From: James P Kellerman
    Organization(s):

    Comment No: 20844
    Date: 4/16/2010

    Comment Text:

    10-005
    COMMENT
    CL-00545
    From:
    Sent:
    To:
    Subject:
    JAMES DARLENE KELLERMAN
    Friday, April 16, 2010 12:18 PM
    Metals Hearing
    Proposed Federal Speculative Position
    To David Stanwick, Secretary, Commodity Futures Trading Commission
    Dear Sir,
    Thank you 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 as well 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.
    Thank you for all your efforts to improve the integrity of our markets.
    Sincerely,
    James P. Kellerman