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

  • From: Chuck Neir
    Organization(s):

    Comment No: 21644
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01345
    From:
    Sent:
    To:
    Subject:
    Chuck Neir
    Saturday, April 10, 2010 3:31 AM
    Metals Hearing
    CFTC Public Comment for COMEX Silver
    April 7, 2010
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21
    st
    Street NW
    Washington, DC 20581
    Dear Sir;
    Thank you 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,
    Chuck Neir
    v. 425-868-6140
    f. 425-868-6164
    e. [email protected]