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

  • From: Richard Chatham
    Organization(s):

    Comment No: 22591
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02292
    From:
    Sent:
    To:
    Subject:
    Richard Chatham
    Wednesday, April 7, 2010 2:05 PM
    Metals Hearing
    Sliver position limits
    Dear Sir:
    Thank you for the opportunity to comment on the issue of position limits for precious metals. I would ask you to
    please establish a speculative position limit in COMEX silver of no more than 1500 contracts. Please restrict any
    hedging from those limits to exemptions to legitimate hedgers. PLEASE STOP THE UNFAIR LEVELS OF
    CONCENTRATION IN COMEX SILVER FUTURES ON THE SHORT SIDE OF THE MARKET.
    Sincerely,
    Richard Chatham
    Individual Investor