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

  • From: Paul Sponagl
    Organization(s):

    Comment No: 22110
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01811
    From:
    Sent:
    To:
    Subject:
    Paul Sponagl
    Friday, April 9, 2010 8:19 AM
    Metals Hearing
    position limits for precious metals
    Dear Sir,
    thank for the opportunity to comment on the issue of position limits for precious metals.
    Please establish a speculative position limit in gold and silver.
    Please restrict any hedging exemptions from those limits to legitimate hedgers.
    Please stop the levels of concentration in gold and silver futures that have been experienced
    over the past few years on the short side of the market.
    Sincerely,
    Paul Sponagl
    !DSPAM:4bbfl f92299592073992390!