Font Size: AAA // Print // Bookmark

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

  • From: Mike Anderson
    Organization(s):

    Comment No: 21294
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-00995
    From:
    Sent:
    To:
    Subject:
    Mike Cyrus
    Saturday, April 10, 2010 6:25 PM
    Metals Hearing
    Position Limits
    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,
    Mike Anderson