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

  • From: Donald A McMillan
    Organization(s):

    Comment No: 20902
    Date: 4/14/2010

    Comment Text:

    10-005
    COMMENT
    CL-00603
    From:
    Sent:
    To:
    Subject:
    Don Angus McMillan
    Wednesday~ April 14~ 2010 6:25 PM
    Metals Heating
    Massive shorts on COMEX silver futures
    Thank you for the opportunity allowing me, a Canadian, to comment on the issue of huge positions taken in
    precious metals, notably COMEX silver on the short side. Please establish a speculative position limit of no more
    than 1500 contracts in COMEX silver and restrict any hedging exemptions from these limits to truly legitimate
    hedgers. Please stop the level of concentration in COMEX silver futures that have been experienced on the short
    side over the past few years
    Sincerely, Donald A. McMillan M.D.