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

  • From: Jens O Nielsen
    Organization(s):

    Comment No: 21124
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00825
    From:
    Sent:
    To:
    Subject:
    Jens Ole Nielsen
    Monday, April 12, 2010 8:43 AM
    Metals Heating
    Request for 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,
    Jens Ole Nielsen,
    Denmark