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

  • From: Roy Hartness
    Organization(s):
    Roy L Hartness LLC

    Comment No: 23018
    Date: 4/20/2010

    Comment Text:

    10-005
    COMMENT
    CL-02719
    Rpr 20 10 12:55p
    Hartcra?ters
    70~735~835
    p,1
    Roy L. Hartness, LLC
    industrial Metal Fabrication Specialists
    April 20, 2010
    Mr. David Stawick, Secretary
    Commodity futures Trading Commission
    Tha'ee Lafayette Centre
    1155 21
    ~t
    Street, NW
    Washington, D.C. 20581
    Fax #: 202-418-5521
    Re: Speculative Futures Positions
    Dear Mr. Stawick:
    Please stop the hiNa levels of concentration in COMEX silver futmes that have
    been prevalent over the past years. I agree with Ted Butler in that speculative position
    limits of no more than 1500 contracts in COMEX silver should be established, and that
    hedging exemptions from these limits should be restricted.
    Enactment of tlae above recommendations would certainly improve the integrity
    of our markets.
    Sincerely,
    Roy Hmtness
    RI{!tc
    150 Joshua Court
    Lincolnton, North Carolina 28092
    (704) 735-8944
    Fax (704) 735-9835