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

  • From: William Jordan
    Organization(s):

    Comment No: 22522
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02223
    From:
    Sent:
    To:
    Subject:
    Sue Jordan
    Wednesday, April 7, 2010 6:34 PM
    Metals Hearing
    cftc meeting
    Sir; I wish to thank you very much for your March 25 CFTC meeting, in-part, to discuss existing issues relative to
    silver position limits and associated allogations of short side manipulation. I take this opportunity to urge your
    consideration and establishment of position limits not to exceed 2000 contracts and to restrict hedging
    exemptions, from those limits, to legitimate hedgers. This, I believe, will help stop the inordinate "short"
    concentration in COMEX silver futures that has been experienced over the past several years.
    Best Regards, William Jordan