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

  • From: Steven Greve
    Organization(s):

    Comment No: 21114
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00815
    From:
    Sent:
    To:
    Subject:
    secretary
    Monday, April 12, 2010 9:17 AM
    Metals Heating
    FW: Position Limits
    From:
    Steven Greve [mailto:[email protected]]
    Sent:
    Sunday, April 11, 2010 7:42 AM
    To:
    secretary
    Subject:
    Position Limits
    Dear Sir;
    I would like to comment on the issue of position limits for precious metals.
    *Please establish a speculative position limit in COMEX silver of no more than 1400
    contracts.
    *Please restrict any hedging exemptions from those limits to legitimate hedgers.
    *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,
    Steven Greve