Font Size: AAA // Print // Bookmark

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

  • From: Matthias Rosenacker
    Organization(s):

    Comment No: 21042
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00743
    From:
    Sent:
    To:
    Subject:
    Matthias Rosenacker
    Monday, April 12, 2010 5:50 PM
    Metals Hearing
    Comment on the issue of 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,
    Matthias Rosenacker