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

  • From: Peter Werner
    Organization(s):

    Comment No: 21498
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01199
    From:
    Sent:
    To:
    Subject:
    Peter Werner
    Saturday, April 10, 2010 12:14 PM
    Metals Hearing
    Establish position limit
    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. A few self-serving
    individuals should not control the value any commodity. Thank you.
    Sincerely,
    Peter Werner