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

  • From: Sam F Boggess
    Organization(s):

    Comment No: 20865
    Date: 4/15/2010

    Comment Text:

    10-005
    COIMMENT
    CL-00566
    From:
    Sent:
    To:
    Subject:
    Boggess, Sam
    Thursday, April 15, 2010 4:37 PM
    Metals Hearing
    position limits on COMEX silver
    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. Importantly, please restrict any
    hedging exemptions from this limit to legitimate hedgers. This should go a long way toward eliminating
    the appearance that this market is being actively manipulated by one or two massive short sellers who are not
    legitimate hedgers.
    For the record, I am a small investor with modest long positions in SLV and physical silver.
    Yours sincerely,
    Sam F. Boggess
    525 Sheriff Anglin Road
    Burnsville, NC 28714
    828-682-7779
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