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

  • From: Raymond Patane
    Organization(s):

    Comment No: 21959
    Date: 4/9/2010

    Comment Text:

    10-005
    COIMMENT
    CL-01660
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Friday, April 9, 2010 11:10 AM
    Metals Hearing
    To whom this may concern
    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,
    Raymond Patane
    Fort Myers, Florida