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

  • From: Lawrence Irish
    Organization(s):

    Comment No: 21355
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01056
    From:
    Sent:
    To:
    Subject:
    Lawrence Irish
    Saturday, April 10, 2010 11:39 PM
    Metals Hearing
    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 to 2000
    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. Thanks again for allowing me to comment. Sincerely, Larry Irish.