Comment Text:
10-005
COMMENT
CL-00089
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Monday, April 26, 2010 5:07 AM
Metals Hearing
Harry Lackerdas
The Lackerdas Family Trust
The Lackerdas Family Trust
Harry O. and Sheila M. Lackerdas, Trustees
340 E Santa Maria St., Unit B
Santa Paula, California 93060
(805) 794-9989
April 25,2010
Secretary of the Commission
C.F.T.C.
Washington, DC
Dear Sir,
Thank you for the opportunity to comment on the issue of position limits in the precious metals
markets. 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,
Harry G. Lackerdas, Trustee
The Lackerdas Family Trust
Email - [email protected]