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

  • From: Steiert Rainer
    Organization(s):
    Mit Freundlichen Grussen

    Comment No: 22140
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01841
    From:
    Sent:
    To:
    Subject:
    Steiert Rainer
    Friday, April 9, 2010 5:14 AM
    Metals Hearing
    Limit COMEX Silver
    To
    Sekretfir der Kommission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21 st Street NW
    Washington, DC 20581
    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
    Rainer Steiert
    Mit freundlichen Grfissen
    Steiert Rainer
    Mattenweg 3 a
    D-79856 Hinterzarten
    Germany