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

  • From: Robert L Taylor
    Organization(s):

    Comment No: 21684
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01385
    From:
    Sent:
    To:
    Subject:
    robert taylor
    Friday, April 9, 2010 9:53 PM
    Metals Hearing
    Speculative Position Limits
    Honorable Officials:
    I am a retired high school Chemistry teacher who has followed the precious metals markets for
    over 20 years. I have seen the increasing necessity for Speculative Position Limits in the precious
    metals, especially in the silver futures market.
    I urge your Division of Enforcement, in the light of many recent developments and startling
    revelations of fraud, deception, misrepresentation and manipulation, to pursue strong regulatory
    oversight.
    I suggest position limits in silver of 1500 contracts, with only legitimate exemptions permitted.
    Thank You,
    Robert L. Taylor
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