Font Size: AAA // Print // Bookmark

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

  • From: John McDonald
    Organization(s):

    Comment No: 22320
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02021
    From:
    Sent:
    To:
    Subject:
    John and Kathy
    Thursday, April 8, 2010 11:25 AM
    Metals Hearing
    Comment
    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 few years on the
    short side of the market. This it would seem will bring fairness to the market and the investors in the
    market.
    ThankYou,
    John McDonald
    P.O.Box 248
    Lyons Falls, NY 13368