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

  • From: Kurt Camponi
    Organization(s):

    Comment No: 22583
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02284
    From:
    Sent:
    To:
    Subject:
    Kurt Camponi
    Wednesday, April 7, 2010 2:30 PM
    Metals Hearing
    CFTC - Precious metals position limits
    Dear Sir;
    Thank for given me the opportunity to comment on the issue of position limits for precious metal
    markets. Could you please establish a speculative position limit in COMEX silver of no more than
    1500 contracts because I believe this regulation is needed. Please restrict any hedging exemptions
    from those limits to legitimate hedgers. Please stop the levels of concentration (i.e. 100 to 1) in
    COMEX silver futures that have been experienced over the past few years on the short side of the
    market.
    Sincerely,
    Kurt Camponi
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