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

  • From: Rick Swayne
    Organization(s):

    Comment No: 21221
    Date: 4/11/2010

    Comment Text:

    10-005
    COMMENT
    CL-00922
    From:
    Sent:
    To:
    Subject:
    Rick Swayne
    Sunday, April 11, 2010 3:54 PM
    Metals Hearing
    Silver Position Limits
    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 1000 contracts. Please
    restrict any hedging exemptions from those limits to legitimate hedgers. Please stop the levels of
    concentration (manipulation?) in COMEX silver futures that have been experienced over the past
    few years on the short side of the market.
    Sincerely,
    Rick Swayne
    Los Gatos, CA