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

  • From: George Coyne
    Organization(s):

    Comment No: 22630
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02331
    From:
    Sent:
    To:
    Subject:
    secretary

    Wednesday, April 7, 2010 12:29 PM
    Metals Hearing
    FW: Position limits for precious metals.
    ..... Original Message .....
    From: george coyne [mailto:[email protected]]
    Sent: Wednesday, April 07, 2010 12:16 PM
    To: secretary
    Subject: Position limits for precious metals.
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals.
    I urge you to please establish a speculative position limit in COMEX silver of a maximum of 1500 contracts and restrict
    hedging exemptions from those limits to legitimate hedgers.
    Also, please prevent the massive levels of concentration that have existed for several years .on the short side of the market in
    COMEX silver futures
    Sincerely,
    George Coyne
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