Comment Text:
10-005
COMMENT
CL-00176
From:
Sent:
To:
Subject:
Tom Ellis
Saturday, April 24, 2010 9:51 PM
Metals Hearing
Silver limits on COMEX
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 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,
Tom Ellis
