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

  • From: Thomas Blumenberg
    Organization(s):

    Comment No: 22136
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01837
    From:
    Sent:
    To:
    Subject:
    Thomas Blumenberg
    Friday, April 9, 2010 5:31 AM
    Metals Hearing
    position limits for precious metals
    Dear Sir,
    thank you for giving 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
    legtimate hedgers.Please stop the levels of concentration in Comex silver futures that have been experienced
    over the pastfew years on the short side of the market.
    Sincerely,
    Th. Blumenberg, Germany