Comment Text:
10-005
COMMENT
CL-00113
From:
Sent:
To:
Subject:
Larry Merrifield
Sunday, April 25, 2010 7:41 PM
Metals Hearing
ref: Proposed Federal Speculative Position
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. 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.
Sincerely,
Larry Merrifield