Comment Text:
10-005
COMMENT
CL-00039
From:
Sent:
To:
Subject:
[email protected]
Tuesday, April 27, 2010 2:52 PM
Metals Hearing
Proposed Federal Speculative Position
Dear Sir:
Thank you for the opportunity to comment on the issue of position limits for precious metals.
Please establish a speculative postion limit in COMEX silver of no more than 1500 contracts.
Please restrict any hedging exemptions from those limits as well 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.
Thank you for all your efforts to improve the integrity of our markets but more effort is needed
at this critical point in time.
Sincerely,
Robert V. Cayia
