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

  • From: Peter Nowak
    Organization(s):

    Comment No: 21142
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00843
    From:
    Sent:
    To:
    Subject:
    franczyzal
    Monday, April 12, 2010 3:45 AM
    Metals Hearing
    Position limits for precious metals
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street NW
    Washington, DC 20581ar 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,
    Peter Nowak