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

  • From: Ron Stanley
    Organization(s):

    Comment No: 21096
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00797
    From:
    Sent:
    To:
    Subject:
    Ron Stanley
    Monday, April 12, 2010 10:36 AM
    Metals Hearing
    COMEX
    Dear Commission;
    Thank you for holding the meeting to address position limits in precious metals trading.
    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,
    Ron Stanley
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