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

  • From: John L Johnson
    Organization(s):

    Comment No: 21870
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01571
    From:
    Sent:
    To:
    Cc:
    Subject:
    John Johnson
    Friday, April 9, 2010 12:41 PM
    Metals Heating
    John Matilyn Johnson
    speculative position limits COMEX SILVER
    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 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. Let level the playing field for all traders to have the same advantages.
    Sincerely,
    John L. Johnson