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

  • From: John L Burke
    Organization(s):

    Comment No: 22232
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01933
    From:
    Sent:
    To:
    Subject:
    John 1. Burke
    Thursday, April 8, 2010 5:39 PM
    Metals Hearing
    Dear Sir:
    Thank you for the opportunity to comment on the issue of position limits for precious metals. Please establish a
    speculative position limit on 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.
    With best regards.
    Sincerely,
    John L. Burke