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

  • From: Michael Lehmann
    Organization(s):

    Comment No: 21647
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01348
    From:
    Sent:
    To:
    Subject:
    Michael Lehmann
    Saturday, April 10, 2010 3:04 AM
    Metals Hearing
    Comment on the issue of position limits for precious metals.
    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,
    Michael Lehmann