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

  • From: Linda Allbritten
    Organization(s):

    Comment No: 23075
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-02776
    April 10, 2010
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    Washington, D.C. 20581
    Dear Sir,
    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.
    Allowing big greedy institutions to rig markets for their own profit and trample on the small
    investor has brought this country to its knees. Isn't it time to put a stop to it?
    Sincerely,
    Linda Allbritten
    7409 Arvada Ave. N E
    Albuquerque, NM 87110