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

  • From: Sebastian Exenberger
    Organization(s):

    Comment No: 21630
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01331
    From:
    Sent:
    To:
    Subject:
    Sebastian Exenberger
    Saturday, April 10, 2010 7:16 AM
    Metals Hearing
    Position limits for precious metals.
    To
    "CFTC"
    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 experinenced
    over the past few years on the short side of the market.
    Sincerely,
    Sebastian Exenberger
    Wagingerstrasse 3
    AT-6330 Kufstein
    AUSTRIA
    [email protected]
    Tel.: +43-5372-67881