Font Size: AAA // Print // Bookmark

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

  • From: James N Denison
    Organization(s):

    Comment No: 23056
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02757
    James N Denison
    2208 79th Court West - Bradenton, FL 34209-5219
    (941) 795-7099
    April 7, 2010
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21
    st
    Street NW
    Washington, DC 20581
    O. F.T. (;.
    OFIqOE OF 1'HE SEORETARIAT
    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,
    lames N Denison