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

  • From: Brian Neylon
    Organization(s):

    Comment No: 21860
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01561
    From:
    Sent:
    To:
    Subject:
    Brian Neylon
    Friday, April 9, 2010 12:50 PM
    Metals Hearing
    Comment
    I am grateful for the opportunity to comment on the issue of position limits for precious metals. It is unfair to simply
    ignore the issue thereby allowing the current manipulations to continue. 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.
    Thanks
    Brian Neylon