Comment Text:
10-005
COMMENT
CL-00107
From:
Sent:
To:
Subject:
Steven Towns
Sunday, April 25, 2010 9:53 PM
Metals Hearing
Precious Metals public comment
Dear Secretary of the Commission,
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 1,500 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,
Steven Towns
