Font Size: AAA // Print // Bookmark

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

  • From: Brad Walker
    Organization(s):

    Comment No: 21615
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01316
    From:
    Sent:
    To:
    Subject:
    Brad Walker
    Saturday, April 10, 2010 8:06 AM
    Metals Hearing
    Metals Hearing & Silver 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 who actually mine the silver or buy/sell for commercial or retail
    purposes (not mere speculation). 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.
    Regards,
    Brad Walker
    West Jefferson, OH
    Precious Metals Investor