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

  • From: Joachim Schlunchter
    Organization(s):

    Comment No: 21777
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01478
    From:
    Sent:
    To:
    Subject:
    Joachim Schluchter
    Friday, April 9, 2010 2:35 PM
    Metals Hearing
    position limits for precious metals
    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
    Joachim Schluchter
    Am Weiherbach 15
    D-86494 Emersacker
    Germany