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

  • From: Woody O'Brian
    Organization(s):

    Comment No: 22597
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02298
    From:
    Sent:
    To:
    Subject:
    Michael "Woody" O'Brien ChFC
    Wednesday, April 7, 2010 1:58 PM
    Metals Heating
    position limits
    Dear Sir;
    Please establish a spec position limits in COMEX silver and gold of no more than 1500 contracts. No exceptions should
    occur for large FDIC bank investors.
    There is a need to restrict any hedging exemptions from those limits to legit hedgers.
    concentration in COMEX silver futures that have been experienced over the past few years on the short side of the market
    needs to stop.
    Sincerely,
    Woody O'Brian ChFC