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

  • From: James D Paras
    Organization(s):
    Betsy Ann Chocolates

    Comment No: 21439
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01140
    From:
    Sent:
    To:
    Subject:
    James D Paras
    Saturday, April 10, 2010 3:04 PM
    Metals Hearing
    Silver position limit restrictions
    Dear CFTC,
    The opportunity to make these comments is encouraging and appreciated. I want to strongly encourage you to
    reduce speculative position limits in COMEX silver to no more than 1500 contracts, AND to restrict hedging
    exemptions to ONLY legitimate hedgers. Please stop the short side concentration levels in COMEX silver futures
    as witnessed over the last few years. In these present economic conditions it is imperative to insure confidence
    with action and not just words.
    Sincerely,
    James D Paras, President
    Betsy Ann Chocolates -
    www.betsyann.com
    322 Perry Hwy - Pgh PA 15229
    412-931-4288
    [email protected]