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

  • From: Lance S Roote
    Organization(s):

    Comment No: 22995
    Date: 4/10/2010

    Comment Text:

    10-005
    COHMENT
    CL-02696
    April 10, 2010
    OFFIO£ OF T!tE oio
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21
    s~
    Street NW
    Washington, D.C. 20581
    Dear Sirs:
    Thank you for the opportunity to comment on the issue of position
    I~miis
    for precious metals.
    Please
    establish a speculative position limit in COMEX silver of no
    more ~J~an/,500 contracts.
    Please restrict any bedS'rig exemptions from those limits to legitimate bedger~ Please stop t~e
    levels of concentration in COMEX silver futures that have been experienced over the past few
    years on the short side of the market.
    Sincerely
    Lance S. Roote'
    5116 Sierra Oaks Drive
    El Dorado, CA 95623