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

  • From: Michael E Kim
    Organization(s):

    Comment No: 21155
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00856
    From:
    Sent:
    To:
    Subject:
    mike kim
    Monday, April 12, 2010 12:38 AM
    Metals Hearing
    Silver position limits
    Dear Sir:
    I am writing 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,
    Michael E. Kim
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