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

  • From: Oliver Rank
    Organization(s):

    Comment No: 22043
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01744
    From:
    Sent:
    To:
    Subject:
    oliver.rank@freenet, de
    Friday, April 9, 2010 9:36 AM
    Metals Hearing
    metalshearing
    Oliver Rank
    Heinrich-Fehrer- Strasse 12
    97318 Kitzingen
    Germany
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street NW
    Washington, DC 20581
    USA
    Kitzingen, 4th of April 2010
    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,
    Oliver Rank
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