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

  • From: Michael Dross
    Organization(s):

    Comment No: 22134
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01835
    From:
    Sent:
    To:
    Subject:
    Michael Dross
    Friday, April 9, 2010 5:46 AM
    Metals Hearing
    COMEX silver futures
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals. Please establish a
    speculative position fimit 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,
    Michael Dross