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

  • From: Elaine Cruz
    Organization(s):

    Comment No: 20695
    Date: 4/21/2010

    Comment Text:

    10-005
    COMMENT
    CL-00396
    From:
    Sent:
    To:
    Subject:
    Elaine Cruz
    Wednesday, April 21, 2010 12:58 PM
    Metals Hearing
    Position Limits
    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,
    Elaine Cruz