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

  • From: Michael Sadlowsky
    Organization(s):

    Comment No: 22992
    Date: 4/21/2010

    Comment Text:

    10-005
    COMMENT
    CL-02693
    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,
    Michael Sa~!lo~wslff o