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

  • From: Leo Mar
    Organization(s):

    Comment No: 22444
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02145
    From:
    Sent:
    To:
    Subject:
    Leo Mar
    Thursday, April 8, 2010 12:20 AM
    Metals Hearing
    suggestions on silver market
    Dear Sir,
    Thank for the opportunity to comment on the issue of position limits for precious metals.
    Please establish a speculative position limit in the 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 the COMEX silver futures that have been experienced over the
    past few years on the short side of the market.
    Sincerely,
    Leo Mar