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

  • From: Dave Sandberg
    Organization(s):
    Yamaha Electronics Corportion

    Comment No: 22473
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02174
    From:
    Sent:
    To:
    Subject:
    Dave Sandberg
    Wednesday, April 7, 2010 10:38 PM
    Metals Hearing
    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 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 COMEX silver futures that have been experienced over the past few years on the
    short side of the market.
    Sincerely,
    Dave Sandberg
    National Accounts Manager
    Yamaha Electronics Corporation USA
    Office 714 522-9824
    Fax 815 282-9310
    Cell 815 494-3325