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

  • From: Robert Finch
    Organization(s):

    Comment No: 22434
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02135
    From:
    Sent:
    To:
    Subject:
    Robert Finch
    Thursday, April 8, 2010 2:02 AM
    Metals Hearing
    Comex position limits
    Dear Sirs.
    I am very pleased to see the CFTC taking a serious look at the issue of position limits in the metals
    market. I would like to add my support to imposing limits of 1500 contracts in the silver market.
    More importantly however is to eliminate any entity from being exempt of these limits unless they
    are legitimately a hedger in the industry and not just a financial institution. Imposing limits and not
    doing so would be pointless and not reduce the massive short position accumulated by a couple of
    organizations which is at the heart of the problem.
    My faith and hope is with you. Thank You .........Bob Finch
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