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

  • From: Frank Weitzel
    Organization(s):

    Comment No: 22155
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01856
    From:
    Sent:
    To:
    Subject:
    Frank Weitzel
    Friday, April 9, 2010 4:07 AM
    Metals Hearing
    Speculative positon limit in COMEX silver
    Dear Sir,
    thank for the opportunity to comment on the issue of position limits for precious metals. Please establish a
    speculative positon 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,
    Frank Weitzel