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

  • From: Gabe P
    Organization(s):

    Comment No: 22463
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02164
    From:
    Sent:
    To:
    Subject:
    G P
    Wednesday, April 7, 2010 11:01 PM
    Metals Hearing
    Position Limits Please
    Please allow me 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
    (currently around $135 Million). Please restrict any hedging exemptions from those limits to
    legitimate hedgers. 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,
    Gabe P.