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

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  • From: Andrew Le Blanc
    Organization(s):

    Comment No: 20930
    Date: 4/14/2010

    Comment Text:

    10-005
    COMMENT
    CL-00631
    From:
    Sent:
    To:
    Subject:
    Andrew Le Blanc
    Wednesday, April 14, 2010 8:35 AM
    Metals Hearing
    Position limits
    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,
    Andrew Le Blanc