Font Size: AAA // Print // Bookmark

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

  • From: Richard Conrad
    Organization(s):

    Comment No: 21122
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00823
    From:
    Sent:
    To:
    Subject:
    secretary
    Monday, April 12, 2010 9:03 AM
    Metals Hearing
    FW: Commodity Futures Trading Commission
    From: Maryann Meyer [mailto:[email protected]]
    Sent:
    Friday, April 09, 2010 4:39 PM
    To:
    secretary
    Subject:
    Commodity Futures Trading Commission
    Gentlemen:
    Thank you 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,
    Richard Conrad.