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

  • From: Glenn L Rung
    Organization(s):

    Comment No: 23035
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-02736
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21
    st
    Street NW
    Washington, DC 20581
    C. F.T,C.
    OFFIOE OF THE
    SEORETARIAT
    2010
    lqP~
    !9 PFI 3
    3~
    "t/l~/lO
    RE:
    Position limits on speculative COMEX silver futures short positions
    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,
    Glenn L. Run8
    2718 Bidwell Ct
    Atwater, CA 95301
    (209) 358-6631
    [email protected]