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

  • From: David Baumgartner
    Organization(s):

    Comment No: 21259
    Date: 4/11/2010

    Comment Text:

    10-005
    COMMENT
    CL-00960
    From:
    Sent:
    To:
    Subject:
    David Baumgartner
    Sunday, April 11, 2010 11:30 AM
    Metals Hearing
    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,
    Dave Baumgartner