Font Size: AAA // Print // Bookmark

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

  • From: Richard DeGennaro
    Organization(s):

    Comment No: 21083
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00784
    From:
    Sent:
    To:
    Subject:
    Richard DeGennaro
    Monday, April 12, 2010 11:49 AM
    Metals Hearing
    Comex Silver futures
    Gentlemen
    I appreciate 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,
    Richard DeGennaro