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

  • From: Tom A Wall
    Organization(s):

    Comment No: 20872
    Date: 4/15/2010

    Comment Text:

    10-005
    COMMENT
    CL-00573
    From:
    Sent:
    To:
    Subject:
    Tom Wall
    Thursday, April 15, 2010 2:09 PM
    Metals Hearing
    Position Limit in COMEX Silver
    Ladies and Gentlemen,
    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 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,
    Tom A. Wall