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

  • From: Garfield & Ellen Watson
    Organization(s):

    Comment No: 22603
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02304
    From:
    Sent:
    To:
    Subject:
    Ellen Watson
    Wednesday, April 7, 2010 1:36 PM
    Metals Hearing
    Silver Issues
    Gentlemen:
    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,
    Garfield and Ellen Watson; Lubbock, TX