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

  • From: William Rumford
    Organization(s):

    Comment No: 22499
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02200
    From:
    Sent:
    To:
    Subject:
    WILLIAM RUMFORD
    Wednesday, April 7, 2010 8:14 PM
    Metals Hearing
    Silver position limits
    Dear Sir(s);
    Thank you for the opportunity to comment on the issue of position limits for precious metals. I would you to
    establish a speculative position limit in COMEX silver of no more than 1500 contracts. I would also like you to
    please restrict any hedging exemptions from those limits to legitimate hedgers. Please also stop the levels of
    concentration in COMEX silver futures that have been experienced over the last couple of years on the short side
    of the market.
    Sincerely,
    William Rumford