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

  • From: John D Parsonage
    Organization(s):

    Comment No: 21521
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01222
    From:
    Sent:
    To:
    Subject:
    John Parsonage
    Saturday, April 10, 2010 11"26 AM
    Metals Hearing
    Precious Metals 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 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,
    John D Parsonage