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

  • From: Joe L Werner
    Organization(s):

    Comment No: 21424
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01125
    From:
    Sent:
    To:
    Subject:
    joe werner
    Saturday, April 10, 2010 4:30 PM
    Metals Hearing
    Dear Sir;
    Thanks 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 1,500 contracts, please
    restrict any hedging exemptions from those limits to legitimate hedgers. Please stop the levels of
    concectration in COMEX silver futures that have been experienced over the past few years on the short
    side.
    Sincerely
    Joe L. Wemer Jr.
    Houston, Texas