Font Size: AAA // Print // Bookmark

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

  • From: Pete Ohlinger
    Organization(s):

    Comment No: 21282
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-00983
    From:
    Sent:
    To:
    Subject:
    Pete Ohlinger
    Saturday, April 10, 2010 8:15 PM
    Metals Hearing
    March 25th hearing
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals. I would appeal
    to your sense of what is right, and ask you to do the following in that spirit:
    -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. I thank you in advance for your work.
    Sincerely,
    Pete Ohlinger