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

  • From: Mark Soderberg
    Organization(s):
    Inland Empire Metals Investors Group

    Comment No: 21334
    Date: 4/11/2010

    Comment Text:

    10-005
    COMMENT
    CL-01035
    From:
    Sent:
    To:
    Cc:
    Subject:
    Mark Soderberg
    Sunday, April 11, 2010 3:14 AM
    Metals Hearing
    Mark Soderberg
    position limits for precious metals
    Dear Sir;
    Thank you 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. You have the facts now and you have the
    authority to bring this abuse to a halt.
    Sincerely,
    MarkSoderberg, (Member of the Inland Empire Metals Investors Group, Riverside County, CA)