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

  • From: Mike Henke
    Organization(s):

    Comment No: 20772
    Date: 4/19/2010

    Comment Text:

    10-005
    COMMENT
    CL-00473
    From:
    Sent:
    To:
    Subject:
    Mike Henke
    Monday, April 19, 2010 8:27 AM
    Metals Hearing
    Comex 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 set equal
    limits on both the short and the long positions. 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,
    Mike Henke