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

  • From: William M Bryant
    Organization(s):
    Three Lafayette Centre

    Comment No: 21506
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01207
    From:
    Sent:
    To:
    Subject:
    Bill Bryant
    Saturday, April 10, 2010 11:57 AM
    Metals Hearing
    unfair trading practices of large banks on the metal markets ref :
    COMEX
    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 and other metal assets 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 and other metal assets futures that have been experienced over the past few years on the short
    side of the market.
    Sincerely,
    William M. Bryant
    Postal - Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21 st Street NW
    Washington, DC 20581
    Fax - 202-418-5521
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