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

  • From: Charles E Spencer
    Organization(s):

    Comment No: 21020
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00721
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, April 12, 2010 9:50 PM
    Metals Hearing
    Dear Sir:
    Thanks you for the opportunity to comment on the issue of poaition limits for precious metals. Would
    you please establish a speculative position limit in COMEX silver of no more 1200 contracts-1500
    contracts max. Please restrict any hedging exemtions 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.
    Thank you for your attention to this most important issue.
    Sincerely,
    Charles E. Spencer
    P.O. Box 871350
    Wasilla, Alaska 99687