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

  • From: Robert A George
    Organization(s):

    Comment No: 21297
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-00998
    From:
    Sent:
    To:
    Subject:
    Robert A George
    Saturday, April 10, 2010 5:45 PM
    Metals Hearing
    Limit Futures Trading
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21
    st
    Street NW
    Washington DC 20581
    FAX 20418-5521
    Dear Sir:
    Thank you for the opportunity to comment on the issue of position limits for precious metals, especially Silver.
    Please establish a speculative position limit in COMEX silver of no more than 1000 contracts. Please not allow
    ANY hedging exemptions from these limits.
    Please stop the levels of concentration in COMEX silver futures that have occurred over the last few years on the
    short side of the market which have interfered with the normal market forces driving the price of metals.
    Sincerely
    Robert A George