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

  • From: Dennis Calhoun
    Organization(s):

    Comment No: 20775
    Date: 4/19/2010

    Comment Text:

    10-005
    COMMENT
    CL-00476
    From:
    Sent:
    To:
    Subject:
    secretary
    Monday, April 19, 2010 7:22 AM
    Metals Hearing
    FW: Position limit in COMEX silver
    From:
    [email protected] [mailto:[email protected]]
    Sent:
    Sunday, April 18, 2010 4:26 PM
    To:
    secretary
    Subject:
    Position limit in COMEX silver
    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,
    Dennis Calhoun