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

  • From: Michael Zibinsky
    Organization(s):

    Comment No: 22429
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02130
    From:
    Sent:
    To:
    Subject:
    Michael Zibinsky
    Thursday, April 8, 2010 2:17 AM
    Metals Heating
    COMEX position limits
    Dear Commissioner,
    I appreciate the opportunity to provide my comments on the issue of position limits for precious metals. As an active trader and
    silver investor I would like to see a speculative position limit in C©MEX silver established in the range of 1,500-1,700
    contracts. Along with that, it would be fair to restrict any hedging exemptions as well. Needless to say that the concentration
    level on COMEX silver market is outrageous and needs to be stopped!
    Best regards,
    Mike Zibinsky.