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

  • From: Robert S McCleary
    Organization(s):

    Comment No: 22224
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01925
    From:
    Sent:
    To:
    Subject:
    Robert S. McCleary
    Thursday, April 8, 2010 6:14 PM
    Metals Hearing
    Comment
    Dear Sir,
    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 1,500 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,
    Robert S. McCleary