Comment Text:
10-005
COMMENT
CL-00200
From:
Sent:
To:
Subject:
Verne Seib
Saturday, April 24, 2010 6:20 PM
Metals Hearing
Precious Metals Hearing Public Comment
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals.
I have three specific concerns:
1.) Please establish a speculative position limit in COMEX silver of no more than 1500 contracts.
2.) Please restrict any hedging exemptions from those limits to legitimate hedgers.
3.) 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,
Verne Seib