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

  • From: Richard Koele
    Organization(s):

    Comment No: 20969
    Date: 4/13/2010

    Comment Text:

    10-005
    COMMENT
    CL-00670
    From:
    Sent:
    To:
    Subject:
    Rich Koele
    Tuesday, April 13, 2010 3:58 PM
    Metals Hearing
    silver position limits
    Dear Sir;
    Thank you for the opportunity to comment on the issue of position limits for precious metals.
    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. Please establish a speculative position limit in COMEX silver of no more
    than 1500 contracts and restrict any hedging exemptions from those limits to legitimate hedgers. Thanks again.
    Sincerely,
    Richard Koele, Sioux Center, IA cell: 712-441-4149