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

  • From: Heinz Bodenmann
    Organization(s):
    Bodirect GmbH

    Comment No: 21955
    Date: 4/9/2010

    Comment Text:

    10-005
    COIMMENT
    CL-01656
    From:
    Sent:
    To:
    Subject:
    Heinz Bodenmann
    Friday, April 9, 2010 11:13 AM
    Metals Hearing
    Please establish a speculative position limit in COMEX silver
    Sekret~r der Kommission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street NW
    Washington, DC 20581
    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.
    Sincerely,
    Heinz Bodenmann
    bodirect GmbH
    Bahnhofstrasse 13
    CH - 8572 Berg
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