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

  • From: Lance Crossley
    Organization(s):

    Comment No: 21714
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01415
    From:
    Sent:
    To:
    Subject:
    Lance Crossley
    Friday, April 9, 2010 6:28 PM
    Metals Heating
    precious metals regulation
    Dear Sir/Madam;
    Please establish a speculative position limit in COMEX silver of no more than 1200-1500 contracts.
    Hedging exemptions should be restricted to legitimate hedqers.
    Also, someone needs to stop the
    levels of concentration in COMEX silver futures that have been so problematic -- dare I say
    manipulated -- on the short side of the market.
    Sincerely,
    Lance Crossley
    Individual Investor
    Toronto, Ontario
    416-932-0315