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

  • From: Lawrence Sutherland
    Organization(s):

    Comment No: 21655
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01356
    From:
    Sent:
    To:
    Subject:
    Lawrence Sutherland
    Saturday, April 10, 2010 1:26 AM
    Metals Hearing
    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. 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,
    Lawrence Sutherland
    private investor