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

  • From: Sal DAmato
    Organization(s):

    Comment No: 21901
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01602
    From:
    Sent:
    To:
    Subject:
    Sal DAmato
    Friday, April 9, 2010 12:05 PM
    Metals Hearing
    Position Limits
    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 and Gold futures that have been experienced over the past few years on the short side
    of the market.
    Sincerely,
    Sal