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

  • From: Michael L Mason
    Organization(s):

    Comment No: 21499
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01200
    From:
    Sent:
    To:
    Subject:
    Michael Mason
    Saturday, April 10, 2010 12:14 PM
    Metals Hearing
    Position Limits For Precious Metals
    April 10, 2010
    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.
    Sincerely,
    Michael L. Mason