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

  • From: Kenneth C Schexnayder
    Organization(s):

    Comment No: 21286
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-00987
    From:
    Sent:
    To:
    Subject:
    Kenneth Schexnayder
    Saturday, April 10, 2010 7:37 PM
    Metals Hearing
    Position Limits - COMEX
    Dear Sir;
    I would like to thank you 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,
    Kenneth C. Schexnayder