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

  • From: Kenneth VanderPloeg
    Organization(s):

    Comment No: 22387
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02088
    From:
    Sent:
    To:
    Subject:
    secretary
    Thursday, April 8, 2010 7:47 AM
    Metals Hearing
    FW: COMEX position limits
    l=rom: Ken VanderPloeg [mailto:[email protected]]
    Sent:
    Wednesday, April 07, 2010 4:23 PM
    To:
    secretary
    Subject: COMEX position limits
    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 few years on the short side of the market.
    Sincerely,
    Kenneth
    VanderPloeg
    2118 Waterford Lane
    Woodridge,
    Illinois 60517