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

  • From: John Bilo
    Organization(s):

    Comment No: 21236
    Date: 4/11/2010

    Comment Text:

    10-005
    COMMENT
    CL-00937
    From:
    Sent:
    To:
    Subject:
    John Bilo
    Sunday, April 11, 2010 1:42 PM
    Metals Hearing
    Position limits for precious metals
    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 hedl~inl~ exemptions from those limits to lel~itimate hedl~ers. 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,
    John Bilo