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

  • From: Ruben Alvarado
    Organization(s):

    Comment No: 22239
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01940
    From:
    Sent:
    To:
    Subject:
    Ruben Alvarado
    Thursday, April 8, 2010 5:05 PM
    Metals Hearing
    on position limits
    Dear Sir;
    I am am an investor with large percentage of precious metals exposure in relation to my personal wealth. Thank
    for the opportunity to comment on the issue of position limits for precious metals. Please establish a speculative
    position limit in COMEX silver of 1500 or less 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,
    Ruben Alvarado