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

  • From: Attila T Hevesy
    Organization(s):

    Comment No: 22894
    Date: 4/22/2010

    Comment Text:

    10-005
    COMMENT
    CL-02595
    April 22, 2010
    O.F.T.C.
    OFFICE OF T~fE SEORETA~IAT
    Dear Sir,
    I'd like to comment on the issue of position limits for
    precious metals.
    I'd like to respectfully request for you to establish a
    speculative position limit in COMEX silver of no more
    than 1500 contracts.
    Also, please restrict any hedging exemptions from those
    limits as well to legitimate hedgers.
    PLEASE stop the level of concentration in COMEX silver
    futures that have been experienced over the past few years
    on the short side of the market.
    Thank you for all your efforts to improve the integrity of
    our markets.
    Sincerely,
    Attila T. Hevesy
    Tampa, Florida