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

  • From: Keith Vanderhart
    Organization(s):

    Comment No: 22339
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02040
    From:
    Sent:
    To:
    Subject:
    Vanderhart, Keith
    Thursday, April 8, 2010 10:00 AM
    Metals Hearing
    Position Limits
    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.
    Sincerely,
    Keith VanderHart
    Seattle, WA