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

  • From: Rafi Assadourian
    Organization(s):

    Comment No: 21295
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-00996
    From:
    Sent:
    To:
    Subject:
    Raft Assadourian
    Saturday, April 10, 2010 6:12 PM
    Metals Hearing
    Position limits for precious metals
    Dear Sir
    Thank for the opportunity to allow me 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,
    Raft Assadourian