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

  • From: Peter Reeves
    Organization(s):

    Comment No: 21269
    Date: 4/11/2010

    Comment Text:

    10-005
    COMMENT
    CL-00970
    From:
    Sent:
    To:
    Subject:
    peter reeves
    Sunday, April 11, 2010 10:19 AM
    Metals Hearing
    Commodity Futures Trading Commission - letter to The Secretary
    Dear Sir;
    I appreciate 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. Also 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.
    Thank you for your attention to my email.
    Yours sincerely
    Peter Reeves
    [email protected]