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

  • From: Paul Myerberg
    Organization(s):

    Comment No: 21929
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01630
    From:
    Sent:
    To:
    Subject:
    Paul Myerberg
    Friday, April 9, 2010 11:43 AM
    Metals Hearing
    Silver
    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 2000 contracts, and restrict hedging exemptions from
    those limits. The levels of concentration in COMEX silver futures that have been experienced over the past few
    years on the short side of the market are far from being a free market.
    Sincerely,
    Paul Myerberg
    837 N. Lima Street
    Burbank, CA 91505
    [email protected]