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

  • From: Robert Avila
    Organization(s):

    Comment No: 23118
    Date: 4/9/2010

    Comment Text:

    0,1/09/2010
    12:19 FAX 702,1875335
    UNLIt[IT,D DRV~A~[SCAPES
    10-005
    COMMENT
    CL-02819
    ~ 0 01
    Dear Sir,
    Thank you for the oppo~amity
    to
    comment on the issue of position limits for precious
    metals. Please establish a speculative position limit in COMEX silver of no more than
    1,500 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,
    Robert Avila
    April 9, 2010