Font Size: AAA // Print // Bookmark

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

  • From: Allison Rowe
    Organization(s):

    Comment No: 21950
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01651
    From:
    Sent:
    To:
    Subject:
    Allison Rowe
    Friday, April 9, 2010 11:15 AM
    Metals Heating
    Precious Metals Position Limits
    CFTC;
    I watched some of the hearing on March 25th, discussing speculative position limits in precious
    metals, and have been following other discussions on this topic for some time now and appreciate the
    opportunity to comment on this issue. Please establish and enforce appropriate position limits in
    COMEXand 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. It's manipulation, pure and simple and it needs to come to an end
    nOW.
    Sincerely,
    Allison Rowe