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

  • From: Neil S Kelly
    Organization(s):

    Comment No: 21005
    Date: 4/13/2010

    Comment Text:

    10-005
    COMMENT
    CL-00706
    From:
    Sent:
    To:
    Subject:
    Neil Kelly
    Tuesday, April 13, 2010 7:55 AM
    Metals Hearing
    Position Limits for Precious Metals
    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,
    Neil S Kelly