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

  • From: John C Herman
    Organization(s):
    Portfolio Solutions Inc

    Comment No: 21927
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01628
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Friday, April 9, 2010 11:44 AM
    Metals Hearing
    Metals 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 futures that have
    been experienced over the past few years on the short side of the market.
    Sincerely,
    John C. Herman, CFP®
    Portfolio Solutions,
    Inc.
    2100 Kohler Drive
    Boulder,
    CO 80305
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    888-818-6500
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