Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010
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From:
Herbert W Karg
Organization(s):
Comment No:
22936
Date:
4/19/2010
Comment Text:
i0-005
COMMENT
CL-02637
.,,d
Stawick, Secretary
CFTC
Washington, DC
Dear Mr. Secretary
Thank you for the chance to make comments on the issue of position limits for
precious metals. I implore you to to create a speculative position limit in COMEX
silver of no more than 1,500 contracts. Please restrict any hedging exemptions
from those limits as well, to legitimate hedgers. Also 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.
Thank you for all of your efforts to improve the integrity of our markets.
Sincerely,
W. Karg