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

  • From: Bill Meiklejohn
    Organization(s):

    Comment No: 21685
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01386
    From:
    Sent:
    To:
    Subject:
    Bill Meiklej ohn
    Friday, April 9, 2010 9:52 PM
    Metals Heating
    COMEX silver
    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.
    We need an open and transparent market backed up by strong oversight on this matter
    Thankyou for your time.
    Bill Meiklejohn