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

  • From: Steven Greve
    Organization(s):

    Comment No: 23084
    Date: 4/11/2010

    Comment Text:

    Apr 11 10 04:58p
    Steven Greve
    608 437 4402
    10-005
    COMMENT
    CL-02785
    p,1
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street NW
    Washington, DC 20581
    Fax-202-418-5521
    Dear Sir;
    ] would like to comment on the issue of position limits for precious
    metals.
    *Please establish a speculative position limit in COMEX silver of no more
    than t400 contracts.
    *Please restrict any hedging exemptions from those limits to legitimate
    hedgers,
    *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 fewyears on the short side of the
    market.
    Sincerely,
    Steven Greve