Font Size: AAA // Print // Bookmark

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

  • From: R Van Dalen
    Organization(s):

    Comment No: 21021
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00722
    From:
    Sent:
    To:
    Subject:
    Van Dalen
    Monday, April 12, 2010 9:39 PM
    Metals Hearing
    Position Limits - Precious Metals Contracts
    Dear Sir;
    Thank you 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,
    R. Van Dalen