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

  • From: Lyle DeGraff
    Organization(s):

    Comment No: 20713
    Date: 4/20/2010

    Comment Text:

    10-005
    COMMENT
    CL-00414
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, April 20, 2010 10:19 PM
    Metals Hearing
    position limits
    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 as well 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.
    Thank you for all your efforts to improve the integrity of our markets.
    Sincerely,
    --- Lyle DeGraff---