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

  • From: Bruce Krotke
    Organization(s):

    Comment No: 21715
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01416
    From:
    Sent:
    To:
    Subject:
    Bruce Krotke
    Friday, April 9, 2010 6:07 PM
    Metals Heating
    Position Limits for Precious Metals
    Dear Sir;
    Thank for listening to suggestions for position limits on precious metals. A speculative position limit in COMEX
    silver of no more than 1500 contracts seems like a good idea. Also, only legitimate hedgers should be exempted
    from this limit. And last, the levels of concentration on the short side of COMEX silver futures by their very
    existence constitutes manipulation, in my opinion.
    Sincerely,
    Bruce Krotke