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

  • From: James W Moore
    Organization(s):

    Comment No: 22720
    Date: 4/7/2010

    Comment Text:

    i0-005
    COMMENT
    CL-02421
    From:
    Sent:
    To:
    Subject:
    secretary
    Wednesday, April 7, 2010 11:09 AM
    Metals Hearing
    FW: position limits precious metals
    From:
    j.w.moore [mailto:[email protected]]
    Sent:
    Wednesday, April 07, 2010 8:17 AM
    To: secretary
    Subject:
    posiLion limits precious metals
    April 7, 2010
    Dear Sir
    Thank you for the opportunity to comment on position limits of precious metals. Please establish a speculative
    limit in COMEX silver of no more than 1500 contracts. Please stop the levels of concentration in COMEX silver
    futures on the short side of the market that we have experienced over the last several years. Please restrict
    hedging exemptions from the 1500 contract limit to legitimate hedgers.
    Sincerely
    James W. Moore