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

  • From: Francis B Olsen
    Organization(s):

    Comment No: 22898
    Date: 4/23/2010

    Comment Text:

    10-005
    COMMENT
    CL-02599
    DR. AND MRS. FRANCIS EL OLSEN
    21 OAKFIELD RD.
    ST. JAMES, NEW YORK 11780
    April 23, 2010
    Mr. David Stawick
    Secretary, Commodities Futures Trading Commission
    Three Lafayette Centre
    1155
    21
    st
    St. NW
    Washington, DC 20581
    Re" Proposed Federal Speculative Position
    : ' " 2, :,~ . 2',: !~,"~,i
    ~
    Dear Mr. Stawick:
    Thank you for the opportunity to comment on,theissue of positiQn,limits for
    preciousmetals' Please ~stabii~h a sp~cul'a~iv~~o~iti'on~]im'it ir~ ~OMEX of no more
    than 1500,contracts. Please restrict any hedging exemptions from those limits as
    well 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
    Thank you 'for all your efforts [0 improge the integrity of our marke£~.
    Sincerely,
    Francis g. Olsen, DDS, MPA