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

  • From: Kirk Neuroth
    Organization(s):

    Comment No: 22269
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01970
    From:
    Sent:
    To:
    Subject:
    Kirk
    Thursday, April 8, 2010 2:53 PM
    Metals Heating
    Precious Metals Position Limits
    Dear Sir;
    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 no more than 1500 contracts. Please restrict any hedging exemptions from those limits to
    legitimate hedgers. Please
    review the levels of concentration in COMEX silver futures that have been experienced over the past few years
    on the short side of the
    market. It seems something is amiss.
    Sincerely,
    Kirk Neuroth