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

  • From: Thomas S Ward
    Organization(s):

    Comment No: 22244
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01945
    From:
    Sent:
    To:
    Subject:
    Stan Ward
    Thursday, April 8, 2010 4:49 PM
    Metals Hearing
    COMEX Silver
    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 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, Thomas SWard.