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

  • From: John Hausig
    Organization(s):

    Comment No: 22262
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01963
    From:
    Sent:
    To:
    Subject:
    John Hausig
    Thursday, April 8, 2010 3:12 PM
    Metals Hearing
    Position limits for precious metals
    Dear Secretary of the Commission,
    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 also 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,
    John Hausig
    Don't worry about the world coming to an end today.
    It's already tomorrow in Australia.
    - Charles Schultz