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

  • From: Keith Sarbaugh
    Organization(s):

    Comment No: 22495
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02196
    From:
    Sent:
    To:
    Subject:
    Keith Sarbaugh
    Wednesday, April 7, 2010 8:30 PM
    Metals Hearing
    Precious Metals Position Limits
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals. I am
    writing to ask the following:
    1. Please establish a speculative position limit in COMEX silver and Gold.
    2. Please restrict any hedging exemptions from those limits to legitimate hedgers.
    3. 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,
    Keith Sarbaugh
    Precious Metals Investor