Comment Text:
10-005
COMMENT
CL-00062
From:
Sent:
To:
Subject:
Wilks, Forrest J (E D EA)
Monday, April 26, 2010 12:52 PM
Metals Heating
Limits on COMEX Silver
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.
JP Morgan
has been amnipulating this market for too long.
Please restrict any hedging exemptions from those limits to legitimate hedgers. JP Morgan is
not a
legitimate hedger.
Please stop the levels of concentration in CQMEX silver futures that have been experienced
over the
past few years on the short side of the market.
Sincerely,
Forrest Wllks
15002 74th Avenue North
Maple Grove, MN 55311
