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

  • From: Robert Black
    Organization(s):

    Comment No: 21209
    Date: 4/11/2010

    Comment Text:

    10-005
    COMMENT
    CL-00910
    From:
    Sent:
    To:
    Subject:
    sandiegoauditor@netzero, com
    Sunday, April 11, 2010 5:46 PM
    Metals Hearing ; [email protected]
    To Commodity Futures Trading Commission Re: position limits precious m etals
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21
    st
    Street NW
    Washington, DC 20581
    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,
    Robert Black
    (619) 229 2700