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

  • From: Roger Baird
    Organization(s):

    Comment No: 21353
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01054
    From:
    Sent:
    To:
    Subject:
    Roger B aird
    Saturday, April 10, 2010 11:55 PM
    Metals Hearing
    Position limits on PM
    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,
    Roger Baird