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

  • From: Erik Schaarschmidt
    Organization(s):

    Comment No: 21575
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01276
    From:
    Sent:
    To:
    Subject:
    Erik Schaarschmidt
    Saturday, April 10, 2010 9:48 AM
    Metals Hearing
    CFTC-Meeting, 03/25/2010
    Sekret~r der Kommission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street NW
    Washington, DC 20581
    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,
    Erik Schaarschmidt
    Erik Schaarschmidt
    Mr.Cotton Gbr
    BrQhl 63
    04109 Leipzig
    Inhaber: A. Noll & E. Schaarschmidt
    Gerichtstand: Leipzig
    Mobil: 0163 391 03 07
    Fon: 0341 350 59 29
    Fax: 0341 149 79 79
    e-mail: [email protected]