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

  • From: Tim Lewis
    Organization(s):

    Comment No: 22223
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01924
    From:
    Sent:
    To:
    Subject:
    Tim Lewis Hilary Evans
    Thursday, April 8, 2010 6:20 PM
    Metals Hearing
    Silver position limits
    Dear Sir,
    I listened with interest to the publicly broadcast hearing on metals.
    Following this, thank you 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,
    Tim Lewis
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