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

  • From: John W Lankenau
    Organization(s):

    Comment No: 21120
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00821
    From:
    Sent:
    To:
    Subject:
    secretary

    Monday, April 12, 2010 9:07 AM
    Metals Hearing
    FW: Precious Metals Position Limits
    ..... Original Message .....
    From: [email protected]
    [mailto:[email protected]]
    Sent: Friday, April 09, 2010 11:32 PM
    To: secretary
    Subject: Precious Metals 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,
    John W. Lankenau
    Precious Metals Small Investor