Comment Text:
10-005
COMMENT
CL-01732
From:
Sent:
To:
Subject:
Steven L. Talsness
Friday, April 9, 2010 9:51 AM
Metals Hearing
Silver/Precious Metals
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 and
restrict any hedging exemptions from those limits to legitimate hedgers. 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.
The appearance of manipulation, real or not, damages the integrity of our markets.
Sincerely,
Steven L. Talsness
President
Sun State Capital Management, Inc.
507 S. Prospect Ave.
Clearwater, FL 33756
Voice: 727/461-3360
Fax: 727/448-0918
[email protected]
