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

  • From: Udo Scharkowski
    Organization(s):

    Comment No: 21010
    Date: 4/13/2010

    Comment Text:

    10-005
    COMMENT
    CL-00711
    From:
    Sent:
    To:
    Subject:
    Udo Scharkowski
    Tuesday, April 13, 2010 4:07 AM
    Metals Hearing
    position limits
    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
    U. Scharkowski
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