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

  • From: Nathan Freeborn
    Organization(s):

    Comment No: 22493
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02194
    From:
    Sent:
    To:
    Subject:
    Nathan Freeborn
    Wednesday, April 7, 2010 8:50 PM
    Metals Hearing
    Silver Position Limits
    To Whom it May Concern:
    Thank you for the opportunity for public 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.
    Taking such action is in the best interest of the American public. Working within theCFTC's power
    to achieve these changes would be greatly appreciated.
    Sincerely,
    Nathan Freeborn