Font Size: AAA // Print // Bookmark

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

  • From: Hubbard C Hafner
    Organization(s):

    Comment No: 21907
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01608
    From:
    Sent:
    To:
    Subject:
    Hubbard Hafner
    Friday, April 9, 2010 12:00 PM
    Metals Hearing
    Silver Manipulation
    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.
    As a lifetime numismatist, this manipulation has adversely affected my collection for many years.
    Sincerely,
    Hubbard C. Hafner