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

  • From: Scott & Susan Clapper
    Organization(s):

    Comment No: 22548
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02249
    From:
    Sent:
    To:
    Subject:
    secretary
    Wednesday, April 7, 2010 3:46 PM
    Metals Hearing
    FW: concerning position limits and concentration in COMEX silver and gold
    l=rom: scott clapper [mailto:[email protected]]
    Sent:
    Wednesday, April 07, 2010 3:40 PM
    To:
    secretary
    Subject:
    concerning position limits and concentration in COMEX silver and gold
    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 less 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,
    Scott Clapper
    Susan Clapper