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

  • From: Lawrence L Sieradski
    Organization(s):

    Comment No: 23072
    Date: 4/15/2010

    Comment Text:

    10-005
    COMMENT
    CL-02773
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21
    st
    Street NW
    Washington, DC 20581
    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(1500contracts) 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,
    LAWRENCE L SIERADSKI
    3220 CASE FORD ROAD
    HEBER SPRINGS AR 72543