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

  • From: Chris Jansel
    Organization(s):

    Comment No: 22519
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02220
    From:
    Sent:
    To:
    Subject:
    chris jansel
    Wednesday, April 7, 2010 6:47 PM
    Metals Hearing
    Silver Position limits
    Dear Sir;
    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 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.
    On the Gold side, I am also aware that the speculative position limit should be well under 95,000
    contracts, NOT 318,000.
    We just ask for a fair playing field.
    Sincerely,
    Chris Jansel
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