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

  • From: Bill Rupe
    Organization(s):

    Comment No: 21957
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01658
    From:
    Sent:
    To:
    Subject:
    bill rupe
    Friday, April 9, 2010 11:11 AM
    Metals Heating ; Metals Heating

    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.
    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. Its time to end the fraud.
    Sincerely,
    Bill Rupe