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

  • From: Pierre Lepine
    Organization(s):

    Comment No: 21578
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01279
    From:
    Sent:
    To:
    Subject:
    Pierre L~pine
    Saturday, April 10, 2010 9:36 AM
    Metals Hearing
    Position limits for precious metals
    To the Secretary of the Commission:
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals. Please
    establish a speculative position limit in COMEXsilver not exceeding 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.
    Respectfully,
    Pierre Lepine
    Private Investor in Precious metals