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

  • From: Karen Newitt
    Organization(s):

    Comment No: 20856
    Date: 4/16/2010

    Comment Text:

    10-005
    COMMENT
    CL-00557
    Mason, Theresa
    From:
    Sent:
    To:
    Subject:
    Karen Newitt [[email protected]]
    Friday, April 16, 2010 2:59 AM
    Metals Hearing
    Position limits
    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,
    KAREN NEWITT
    +64 21 750773
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