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

  • From: Philippe Vernhet
    Organization(s):

    Comment No: 22564
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02265
    From:
    Sent:
    To:
    Subject:
    philippe vernhet
    Wednesday, April 7, 2010 3:25 PM
    Metals Heating
    Levels of concentration in COMEX silver futures.
    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.
    Sincerely,
    philippe vernhet