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

  • From: Charles Wills
    Organization(s):

    Comment No: 21814
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01515
    From:
    Sent:
    To:
    Subject:
    Kel Derek
    Friday, April 9, 2010 1:50 PM
    Metals Hearing
    Precious Metals Trading Limits
    Dear Sir:
    Please excuse the use of this form approach to you, but I want to be certain nothing is lost in
    translation.
    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.
    Yours truly,
    Charles Wills.