Font Size: AAA // Print // Bookmark

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

  • From: Jeroen Beukers
    Organization(s):

    Comment No: 22153
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01854
    From:
    Sent:
    To:
    Subject:
    Jeroen Beukers
    Friday, April 9, 2010 4:19 AM
    Metals Hearing
    to: CFTC Secretary of the Commission RE: Position limits for precious metals
    This letter (e-mail) is addressed to the Secretary of the Commission for the CFTC
    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,
    Jeroen Beukers
    8990 Cayuga Ave,
    Sun Valley, CA 91352
    Phone: +(818) 625-3456
    Fax:
    +(818) 394-9413