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

  • From: Larry Moore
    Organization(s):

    Comment No: 23099
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02800
    April 7, 2010
    Dear Sir;
    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.
    Sincerely,
    Larry Moore
    2923
    Twelve Oaks Avenue
    Baton Rouge, LA 70820