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

  • From: Paul Myerberg
    Organization(s):

    Comment No: 21935
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01636
    From:
    Sent:
    To:
    Subject:
    paul myerberg
    Friday, April 9, 2010 11:41 AM
    Metals Hearing
    Silver
    Dear Sir;
    Thank you 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 as well as 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 create far from a free market.
    Sincerely,
    Paul IVlyerberg
    837 N. Lima Street
    Burbank, CA 91505