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

  • From: Mike Johanek
    Organization(s):

    Comment No: 22641
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02342
    From:
    Sent:
    To:
    Subject:
    secretary
    Wednesday, April 7, 2010 12:27 PM
    Metals Hearing
    FW:
    From:
    Mike Johanek [mailto:[email protected]]
    Sent:
    Wednesday, April 07, 2010 11:52 AM
    To:
    secretary
    Subject:
    Dear Sir;
    Thank you 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,
    Mike Johanek
    Production Manager
    7800 Picture Dr
    Minneapolis, MN 55439
    Ph. 952-826-4674
    mj [email protected]
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