Font Size: AAA // Print // Bookmark

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

  • From: Solomon
    Organization(s):

    Comment No: 21084
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00785
    From:
    Sent:
    To:
    Subject:
    Diane Wilson
    Monday, April
    12, 2010 11:48 AM
    Metals
    Heating
    Positions
    Limits for Precious
    Metals
    Dear Sir:
    Thank you for the opportunity to comment on the issue of position limits for precious metals. Please establish a speculative
    position limit on COMEX silver of no more than 1500 contracts. Please restrict any hedging exemptions from those limits to
    legitimate hedgers. Please stop the level of concentration in COMEX silver futures that have been experienced over the past
    few years on the short side of the market.
    Sincerely
    Solomon