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

  • From: Howard Seeman
    Organization(s):
    City Univ Of New York

    Comment No: 21712
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01413
    From:
    Sent:.
    To:
    Subject:
    [email protected]
    Friday, April 9, 2010 6:36 PM
    Metals Hearing
    Please establish a speculative position limit in COMEX silver of no more
    than...
    Dear Sir;
    I have written before to the CFTC on this issue. Thank you for the opportunity to comment further 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,
    Howard Seeman,
    Ph.D.
    Professor Emeritus,
    City Univ. of New York
    OFFICE: 20 River Court
    Suite 1404
    Jersey City, NJ 07310
    Email: [email protected]
    FAX: 201-420-6555 [Send alert to email above.]