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

  • From: Allan Au
    Organization(s):

    Comment No: 21332
    Date: 4/11/2010

    Comment Text:

    10-005
    COMMENT
    CL-01033
    From:
    Sent:
    To:
    Subject:
    Mlan Au
    Sunday, April 11, 2010 3:31 AM
    Metals Hearing
    Comment on COMEX Silver
    To whom it may concern:
    Thank for the opportunity to comment on the issue of position limits for precious metals.
    1. Please establish a speculative position limit in COMEX silver of no more than 1500 contracts.
    2. Please restrict any hedging exemptions from those limits to legitimate hedgers.
    3. 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,
    Allan Au