Font Size: AAA // Print // Bookmark

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

  • From: Ronald Freireich
    Organization(s):

    Comment No: 22009
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01710
    From:
    Sent:
    To:
    Subject:
    Ronald Freireich
    Friday, April 9, 2010 10:09 AM
    Metals Heating
    Comex silver futures comment
    To: Secretary of the Commission
    Commodities Futures Trading Commission
    Dear Sir;
    Thank for allowing me the opportunity to comment on the issue of position limits for precious metals. I have been concerned
    over the unrealistically large position permitted in the silver market of COMEX.
    I hereby request you please establish a 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,
    Ronald Freireich, M. D.
    [email protected]