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

  • From: Ted Hake
    Organization(s):

    Comment No: 22509
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02210
    From:
    Sent:
    To:
    Subject:
    Ted Hake
    Wednesday, April 7, 2010 7:18 PM
    Metals Hearing
    Comex Silver
    Gentlemen:
    I wached the recent CFTC hearing on metals with great interest and thank you for the chance 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,
    Ted Hake