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

  • From: Hakan Karlsson
    Organization(s):

    Comment No: 22693
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02394
    From:
    Sent:
    To:
    Subject:
    secretary
    Wednesday, April 7, 2010 11:13 AM
    Metals Hearing
    FW: Comments about position limits in the metals.
    From:
    [email protected] [mailto:[email protected]] On Behalf Of H~kan Karlsson
    Sent:
    Wednesday, April 07, 2010 10:20 AM
    To:
    secretary
    Subject:
    Comments about position limits in the metals.
    Dear Sir,
    Thank for the opportunity to comment on the issue of position limits for precious metals.
    It is time to do something. It is ridiculus as it stands now!
    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,
    Hakan Karlsson