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

  • From: Robert Guignon
    Organization(s):

    Comment No: 21952
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01653
    From:
    Sent:
    To:
    Subject:
    Bob Guignon
    Friday, April 9, 2010 11:13 AM
    Metals Heating
    Silver Specualtive Limits
    Dear Sir(s),
    Thank for the opportunity to comment on the issue of position limits for precious metals. The
    recent CFTC meeting was revelatory.
    * 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.
    Respectfully,
    Robert Guignon
    Clearwater, FL