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

  • From: Steve Binns
    Organization(s):

    Comment No: 23121
    Date: 4/9/2010

    Comment Text:

    FAX
    7(124875335
    UNLI~IITED DREA~fSCAPES
    10-005
    COMMENT
    CL-02822
    [~
    0 01
    April 9,2010
    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
    1,500 contracts. Please reslric.t 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.
    Sincerdy,
    Steve
    Birms
    Chillecothe,
    OH