Font Size: AAA // Print // Bookmark

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

  • From: David Kosmayer
    Organization(s):

    Comment No: 21265
    Date: 4/11/2010

    Comment Text:

    10-005
    COIMMENT
    CL-00966
    From:
    Sent:
    To:
    Subject:
    Dave Kosmayer
    Sunday, April 11, 2010 10:42 AM
    Metals Hearing
    Position Limits in 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 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,
    David Kosmayer