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

  • From: Craig Griffin
    Organization(s):
    ITM Trading Inc

    Comment No: 23123
    Date: 4/9/2010

    Comment Text:

    04/09/2010 FRI 12:59 FAX
    10-005
    COIvJMENT
    CL-02824
    ~002/002
    14231 N,~;'t/) 7tb Slrce~ ,%'~B,; ]t7, P/~oc~Hx, th'izo~m 85022
    ):s'~:; 1-SNg-OIVN-GOI.D~ 7~1," 602-,t0,t-401()~ Fax: 602-404-3917
    l~mail: itm.tradit~@em'thli~th.;Ic~
    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.
    Sincerely,
    Craig Griffin
    President, ITM Trading Inc.