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

  • From: Piero Solimando
    Organization(s):

    Comment No: 21176
    Date: 4/11/2010

    Comment Text:

    10-005
    COMMENT
    CL-00877
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Sunday, April 11, 2010 10:21 PM
    Metals Hearing
    Urge you to establish position limits in COMEX silver (!)
    Dear Sir;
    I am writing to urge the CFTC to do somethng that is vital for the markets and in
    the interest of the American public.
    Please establish a speculative position limit in COMEX silver of no more than 1500 contracts,
    and
    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 you for your kind attention to this very important matter.
    Piero Solimano
    Gulf Breeze, Florida