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

  • From: Kurt & Mary Graham
    Organization(s):

    Comment No: 22055
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01756
    From:
    Sent:
    To:
    Subject:
    Kurt Graham
    Friday, April 9, 2010 9:27 AM
    Metals Hearing
    Silver Position Limits
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals., We urge you to establish
    a speculative position limit in COMEX silver of no more than 1500 contracts. It is also important that you restrict
    any hedging exemptions from those limits to legitimate hedgers. Please stop the extreme levels of concentration
    in COMEX silver futures that have been experienced over the past few years on the short side of the market.
    Sincerely,
    Kurt & Mary Graham