Font Size: AAA // Print // Bookmark

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

  • From: Jack G French
    Organization(s):

    Comment No: 22288
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01989
    From:
    Sent:
    To:
    Subject:
    secretary
    Thursday, April 8, 2010 1:21 PM
    Metals Hearing
    FW:
    From:
    [email protected] [mailto:[email protected]]
    Sent:
    Thursday, April 08, 2010 12:40 PM
    To:
    secretary
    Subject:
    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.
    Thank you for your consideration.
    Sincerely yours,
    Jack G. French, Sr.
    Las Vegas, NV