Font Size: AAA // Print // Bookmark

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

  • From: Brad Wells
    Organization(s):

    Comment No: 22653
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02354
    From:
    Sent:
    To:
    Subject:
    secretary
    Wednesday, April 7, 2010 12:24 PM
    Metals Hearing
    FW: Position limits for precious metals
    From:
    z nipppon [mailto:[email protected]]
    Sent:
    Wednesday, April 07, 2010 11:39 AM
    To:
    secretary
    Subject:
    Position limits for precious metals
    Dear Sir;
    I would like to personally thank you for holding the recent hearings on the issue of position limits
    for precious metals. I believe it is vital to the free market system that a speculative position limit in
    COMEX silver of no more than 1500 contracts be established and enforced by the CFTC. Also, I
    would request that that any exemptions to this new limit be granted to only legitimate hedgers.
    Please act now to stop the excessive short of silver COMEX positions that has dominated the
    market over the last decade.
    Sincerely,
    Brad Wells
    The New Busy think 9 to 5 is a cute idea. Combine multiple calendars with Hotmail.
    Get busy.