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

  • From: William A & Jane D Coombs
    Organization(s):

    Comment No: 21066
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00767
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, April 12, 2010 1:48 PM
    Metals Hearing
    Request for Action
    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 15oo contracts.
    Also, 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.
    You have been entrusted to ensure a free market for participants in the metals markets. Please
    fulfill that obligation.
    Sincerely,
    William A and Jane D Coombs