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

  • From: Paolo Buiarelli
    Organization(s):

    Comment No: 20874
    Date: 4/15/2010

    Comment Text:

    10-005
    COMMENT
    CL-00575
    From:
    Sent:
    To:
    Subject:
    Paolo Buiarelli
    Thursday, April 15, 2010 1:38 PM
    Metals Heating
    position limit
    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
    Paolo Buiarelli
    Siena - Italy