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

  • From: Dave Dougherty
    Organization(s):

    Comment No: 20864
    Date: 4/15/2010

    Comment Text:

    10-005
    COMMENT
    CL-00565
    From:
    Sent:
    To:
    Subject:
    Dave Dougherty
    Thursday, April 15, 2010 5:24 PM
    Metals Hearing
    Secretary of the Commission
    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
    resulting in fraudulent manipulation.
    Sincerely,
    Dave Dougherty