Font Size: AAA // Print // Bookmark

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

  • From: Jason Zappa
    Organization(s):

    Comment No: 21111
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00812
    From:
    Sent:
    To:
    Subject:
    secretary
    Monday, April 12, 2010 9:21 AM
    Metals Hearing
    FW: COMEX Position Limits
    l~rom: Jason Zappa [mailto:[email protected]]
    Sent: Sunday, April 11, 2010 6:24 PM
    To:
    secretary
    Subject: COMEX Position Limits
    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,
    Jason Zappa