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

  • From: Steve A Reid
    Organization(s):

    Comment No: 20912
    Date: 4/14/2010

    Comment Text:

    10-005
    COMMENT
    CL-00613
    From:
    Sent:
    To:
    Subject:
    steve reid
    Wednesday, April 14, 2010 1:33 PM
    Metals Hearing
    Precious metals Limits issues now in front of the CFTC
    Dear CFTC Secretary,
    I would like to comment on the
    issue of position limits for
    precious metals and to make
    these suggestions towards
    making a vital improvement for
    the markets and in the interest
    of the American public.
    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.
    Thank you for the public
    hearings in the past and please
    continue to maintain an open,
    clean and level playing field.
    Sincerely,
    Steve A. Reid
    3010 Investments Inc.
    2301 Mclain Street
    Newport, Ar. 72112