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

  • From: Johann Petraschek
    Organization(s):

    Comment No: 21117
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00818
    From:
    Sent:
    To:
    Subject:
    Petraschek
    Monday, April 12, 2010 9:17 AM
    Metals Hearing
    European Investors and for us miners, it is an ongoing Issue and of vital interest to
    returne to a regulated market.
    Sekret~r der Kommission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21 st Street NW
    Washington, DC 20581
    Email: [email protected]
    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 1000/1500
    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.
    With great respect to your responsibility, for all European Investors and for us miners, it is
    an ongoing Issue and of vital interest to returne to a regulated market.
    Sincerely,
    Mit freundlichen Grassen,
    Johann Petraschek
    Dr. Huber Strasse 1
    A-6911 Lochau
    e-mail: [email protected]
    Mobil:+43 650 2006647