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

  • From: Stephen B Palko
    Organization(s):

    Comment No: 22502
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02203
    From:
    Sent:
    To:
    Subject:
    Steve Palko
    Wednesday, April 7, 2010 8:01 PM
    Metals Hearing
    Position Limits
    Dear Sir:
    Thank you 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,
    Stephen B. Palko
    6978 Tulare Place
    AIta Loma, CA
    91701
    [email protected]
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