Font Size: AAA // Print // Bookmark

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

  • From: Russ Dalbey
    Organization(s):

    Comment No: 21556
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01257
    From:
    Sent:
    To:
    Subject:
    Russ Dalbey
    Saturday, April 10, 2010 10:23 AM
    Metals Hearing
    Stockbroker
    Hello
    I appreciate the chance to comment on the issue of position limits for precious metals.
    As a former stockbroker, I see it imperative for position limits in COMEX silver of no more than 1500 contracts.
    Please restrict any hedging exemptions from those limits to legitimate hedgers and stop the levels of
    concentration in COMEX silver futures that have been experienced over the last several years on the short side of
    the market.
    Again, thank you for your time and consideration to this important matter.
    Warmly,
    Russ Dalbey