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

  • From: Heribert Puerzer
    Organization(s):

    Comment No: 21770
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01471
    From:
    Sent:
    To:
    Subject:
    Heribert P~rzer
    Friday, April 9, 2010 4:48 PM
    Metals Hearing
    CFTC-Hearing from 25. M~.rz 2010
    Sekret~r der Kommission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street NW
    Washington, DC 20581
    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,
    Heribert Puerzer
    Guntherstr. 23
    92318 Neumarkt
    Germany