Font Size: AAA // Print // Bookmark

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

  • From: Jon Thone
    Organization(s):

    Comment No: 22294
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01995
    From:
    Sent:
    To:
    Subject:
    j [email protected]
    Thursday, April 8, 2010 1:00 PM
    Metals Hearing
    Recent CFTC public hearing - Public comment period
    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 stop the levels of
    concentration in COMEX silver futures that have been experienced over the past many years on the
    short side of the market. By the CFTC making and enforcing these two rules changes you will be
    leveling the playing field to where I may receive a fair shake in the market place.
    Sincerely,
    Jon Thone
    jonthone@netzero, net