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

  • From: Joe Jay
    Organization(s):

    Comment No: 23011
    Date: 4/15/2010

    Comment Text:

    10-005
    COMMENT
    CL-02712
    O.F.T.O.
    OFFIOE OF THE SEORETARIAT
    04-15-2010
    Dear Sir:
    Thanks 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 that 1500 contracts. Please
    restrict any hedging exemptions from those limits as well to legitimate hedgers. Please stop the
    levels of concentration in COMEX sliver futures that have been experienced over the past few
    years on the short side of the market.
    Thank you for all efforts to improve the integrity of our markets.
    Sincerely,
    Jay
    ~ Joe Jay
    35792 County
    Road
    Pp
    Wray, CO 80758-9102