Font Size: AAA // Print // Bookmark

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

  • From: Joachim Schreiber
    Organization(s):

    Comment No: 21473
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01174
    From:
    Sent:
    To:
    Subject:
    Joe Schreiber
    Saturday, April 10, 2010 12:59 PM
    Metals Hearing
    Precious metals trading position limits
    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 1000 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,
    Joachim Schreiber