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

  • From: Klaus Frehse
    Organization(s):

    Comment No: 21656
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01357
    From:
    Sent:
    To:
    Subject:
    Klaus Frehse
    Saturday, April 10, 2010 1 :
    15
    AM
    Metals Hearing
    COMEX silver futures
    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,
    Klaus Frehse, Germany