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

  • From: G I Paterson
    Organization(s):

    Comment No: 21659
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01360
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Saturday, April 10, 2010 12:43 AM
    Metals Hearing
    Position limits
    Dear Sir or Madame,
    Thank you for this opportunity to comment on the issue of position limits
    for precious metals on the COMEX.
    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.
    Yours Sincerely
    GI Paterson