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

  • From: Philip Carrico
    Organization(s):

    Comment No: 20875
    Date: 4/15/2010

    Comment Text:

    10-005
    COMMENT
    CL-00576
    From:
    Sent:
    To:
    Subject:
    Philip Carrico
    Thursday, April 15, 2010 12:32 PM
    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,
    Philip Carrico