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

  • From: George Offerman
    Organization(s):

    Comment No: 20729
    Date: 4/20/2010

    Comment Text:

    10-005
    COMMENT
    CL-00430
    From:
    Sent:
    To:
    Subject:
    secretary
    Tuesday, April 20, 2010 3:45 PM
    Metals Hearing
    FW: Limits on COMEX Silver Market
    From:
    George Offerman [mailto:[email protected]]
    Sent:
    Tuesday, April 20, 2010 3:18 PM
    To:
    secretary
    Subject:
    Limits on COMEX Silver Market
    Dear Sir,
    Thank you for your latest action pertaining to the investigation into silver manipulation on the COMEX.
    It seems there is relevant issues pertaining to the large concentrated positoins in this market, and I
    readily support your efforts in setting reasonable limits to 1500 contracts on the short side. It would also
    be desireable to restrict any hedging exemptions form those limits to legitimate hedgers. Again, Thank
    You for looking into the issues of concentration and manipulation, and taking this seriously.
    Sincerely,
    George Offerman