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

  • From: Paul Woodman
    Organization(s):

    Comment No: 22598
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02299
    From:
    Sent:
    To:
    Subject:
    Paul Woodman
    Wednesday, April 7, 2010 1:51 PM
    Metals Hearing
    Position Limits Hearing and Hopeful Outcome
    Dear Sir;
    Thank you for having a hearing to explore the alleged abuse regarding position limits for
    precious metals; and allowing the opportunity for comment on this issue. 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 allowed (and defy all logic) over the
    past few years on the short side of the market.
    Sincerely,
    Paul Woodman