Font Size: AAA // Print // Bookmark

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

  • From: Christoph Andreas
    Organization(s):

    Comment No: 21247
    Date: 4/11/2010

    Comment Text:

    10-005
    COMMENT
    CL-00948
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Sunday, April 11, 2010 12:40 PM
    Metals Hearing
    From Germany
    11. April 2010
    Secretary of Kommission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st 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,
    Christoph Andreas
    von Ketteler-Str. 8
    47638 Straelen
    Germany
    [email protected]