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

  • From: Mike Terry
    Organization(s):

    Comment No: 22336
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02037
    From:
    Sent:
    To:
    Subject:
    Mike Terry
    Thursday, April 8, 2010 10:09 AM
    Metals Hearing
    Position Limits
    Dear Sir;
    I appreciate 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 and hedging
    exemptions from those limits to legitimate hedgers. In addition, 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.
    Sincerely,
    Mike Terry