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

  • From: J Reich
    Organization(s):

    Comment No: 21302
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01003
    From:
    Sent:
    To:
    Subject:
    nolimites@freenet, de
    Saturday, April 10, 2010 4:45 PM
    Metals Hearing
    Position limit in COMEX silver
    Commodity Futures TradingCommission
    Three L afayette Centre
    1155 21st Street NW
    Washington, DC 20581
    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
    J. Reich
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