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

  • From: Art House
    Organization(s):

    Comment No: 22658
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02359
    From:
    Sent:
    To:
    Subject:
    secretary
    Wednesday, April 7, 2010 12:23 PM
    Metals Hearing
    FW: SILVER POSITION LIMITS
    From:
    Art House [mailto:[email protected]]
    Sent:
    Wednesday, April 07, 2010 11:30 AM
    To:
    secretary
    Subject:
    SILVER POSITION LIMITS
    Dear Madam/Sir:
    Thank you for the opportunity to comment on the issue of position limits for precious metals. After studying
    this matter I think that position limits are necessary to guarantee a free market, especially in Silver. A position
    limit in silver of no more than 1500 contracts would 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 that hint of price manipulation. I
    hope you consider this action.
    Sincerely,
    Art House