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

  • From: Eric Gharst
    Organization(s):

    Comment No: 21163
    Date: 4/11/2010

    Comment Text:

    10-005
    COMMENT
    CL-00864
    From:
    Sent:
    To:
    Subject:
    Eric Gharst
    Sunday, April 11, 2010 11"55 PM
    Metals Hearing
    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.
    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,
    Eric Gharst
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