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

  • From: Daniel A Gromek
    Organization(s):

    Comment No: 23036
    Date: 4/13/2010

    Comment Text:

    10-005
    COMMENT
    CL-02737
    April 13, 2010
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21 st Street
    Washington DC 20581
    Dear Secretary,
    Thank you 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.
    Sincerel,
    Daniel A. Gromek
    11148 deddo 1:16.
    Brockway M~ 48097