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

  • From: Karl Mollison
    Organization(s):

    Comment No: 21994
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01695
    From:
    Sent:
    To:
    Subject:
    Karl Mollison
    Friday, April 9, 2010 10:28 AM
    Metals Heating
    Level Playing Field for COMEX 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 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.
    I have lost a huge amo.unt of money in silver. It is manifestly unfair to allow a
    small group to manipulate any market.
    Sincerely,
    Karl Mollison