Font Size: AAA // Print // Bookmark

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

  • From: Robert Schwartz
    Organization(s):

    Comment No: 22611
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02312
    From:
    Sent:
    To:
    Subject:
    robert schwartz
    Wednesday, April 7, 2010 1:18 PM
    Metals Hearing
    Short Speculation
    Dear Sir;
    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, Robert Schwartz
    (long term investor)