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

  • From: Michael A Rizzotti
    Organization(s):

    Comment No: 21887
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01588
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Friday, April 9, 2010 12:22 PM
    Metals Hearing
    Re: Position limits
    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 CQMEX silver
    futures that have been experienced over the past few years on the short side of the market.
    Respectfully,
    Michael A Rizzotti