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

  • From: Brian Wilson
    Organization(s):

    Comment No: 22417
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02118
    From:
    Sent:
    To:
    Subject:
    Brian Wilson
    Thursday,
    April 8, 2010 3:20 AM
    Metals Hearing
    CFTC precious metals meeting
    Hello, I've been following this issue for a while, and it seems quite clear that the largest traders in the COMEX silver market
    have accumulated concentrated positions large enough to be considered manipulative and harmful. I urge you to please place
    a speculative position limit of no more than 1500 contracts for COMEX silver. Fair and responsible position limits are the
    best way to ensure a well-functioning market that traders around the world can have faith in. I appreciate the commission's
    efforts in investigating this issue, and I look forward to hearing your decision.
    Thank you for your time.
    Brian Wilson