Font Size: AAA // Print // Bookmark

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

  • From: Daniel Wan
    Organization(s):

    Comment No: 22687
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02388
    From:
    Sent:
    To:
    Subject:
    secretary
    Wednesday, April 7, 2010 11:14 AM
    Metals Hearing
    FW: Please set silver speculative position limit
    From:
    DW [mailto:[email protected]]
    Sent:
    Wednesday, April 07, 2010 10:31 AM
    To:
    secretary
    Subject:
    Please set silver speculative position limit
    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 IS00 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,
    Daniel Wan