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

  • From: Scott C Boyd
    Organization(s):

    Comment No: 22216
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01917
    From:
    Sent:
    To:
    Subject:
    Scott C. Boyd
    Thursday, April 8, 2010 7:45 PM
    Metals Hearing
    Position Limits for Silver/Precious Metals
    Dear Sirs,
    I appreciate the opportunity to share my comments on the issue of position limits for the 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 the legitimate hedgers only. Please help
    stop the high levels of concentration in COMEX silver futures that have been unjustly experienced
    over the past few years on the short side of the market.
    Thank You!
    Sincerely,
    Scott C. Boyd