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

  • From: Eric Noriega
    Organization(s):

    Comment No: 22713
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02414
    From:
    Sent:
    To:
    Subject:
    secretary
    Wednesday, April 7, 2010 11:10 AM
    Metals Hearing
    FW: Position Limits for Precious Metals
    ..... Original Message .....
    From: enoriegal @imap.mail.rcn.net
    [mailto:enoriegal @imap.mail.rcn.net]
    Sent: Wednesday, April 07, 2010 9:05 AM
    To: secretary
    Subject: Position Limits for Precious Metals
    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 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,
    Eric Noriega
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