Font Size: AAA // Print // Bookmark

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

  • From: John A Ansted
    Organization(s):
    JP Ansted & Co LLC

    Comment No: 21725
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01426
    From:
    Sent:
    To:
    Subject:
    jpa11074
    Friday, April 9, 2010 5:34 PM
    Metals Heating
    Precious Metals Position Limits Needed - Long & Short
    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.
    Sincerely,
    John P. Ansted
    John P. Ansted, PG, CEM
    J.P. Ansted & Co., LLC
    11074 West Grand Place
    Littleton, Colorado 80127
    Direct phone: (303) 932-0318
    Cellular phone: (720) 530-6797
    E-mail address: jpa [email protected]