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

  • From: Alexander C May
    Organization(s):

    Comment No: 22117
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01818
    From:
    Sent:
    To:
    Subject:
    Alexander C. May
    Friday, April 9, 2010 7:49 AM
    Metals Hearing
    position limits
    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,
    Alexander C. May
    Alexander C. May
    alexander, c.may @constantin-may. com