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

  • From: Richard Hoyle
    Organization(s):

    Comment No: 21691
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01392
    From:
    Sent:
    To:
    Subject:
    Richard Hoyle
    Friday, April 9, 2010 8:56 PM
    Metals Hearing
    Silver 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 and 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,
    Richard Hoyle
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