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

  • From: David Siegel
    Organization(s):

    Comment No: 22514
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02215
    From:
    Sent:
    To:
    Subject:
    dselec
    Wednesday, April 7, 2010 7:00 PM
    Metals Hearing
    Precious Metals Position Limits
    Dear CFTC;
    Thank 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 1200-1500 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. Thank you.
    Sincerely,
    David Siegel
    [email protected]