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

  • From: William R Halligan
    Organization(s):

    Comment No: 21016
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00717
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, April 12, 2010 11:08 PM
    Metals Hearing
    Comment on position limits
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals and the restriction of
    hedging exemtions. Please establish a speculative position limit of 1500 contracts in COMEX silver. Also,
    please restrict hedging exemptions from these limits to legitimate hedgers only. Please stop the levels of
    concentration on the short side of COMEX silver futures that have been experienced over the past few years.
    Please take the steps needed to bring the silver market back to a free market status.
    Sincerely,
    William R. Halligan