Font Size: AAA // Print // Bookmark

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

  • From: Norbert Kaufmann
    Organization(s):

    Comment No: 22191
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01892
    From:
    Sent:
    To:
    Subject:
    Norbert Kaufmann
    Friday, April 9, 2010 2:28 AM
    Metals Hearing
    COMEX silver futures
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street NW
    Washington, DC 20581
    Dear Sir
    Thank for the opportunity to comment on the issue of position fimits for precious metals. Please
    estabfish a speculative position fimit in COMEX silver of no more than 1500 contracts. Please restrict
    any hedging exemptions from those fimits 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,
    Norbert Kaufmann
    Gaff 34
    6866 Andelsbuch
    Austria