Comment Text:
10-005
COMMENT
CL-00211
From:
Sent:
To:
Subject:
steve fichter < stfichter@ hotmail.com >
Saturday, April 24, 2010 5:05 PM
Metals Hearing
commets
Dear sirs,
Thank you for asking for
public comment on the issue of position limits for precious metals, especially silver.Position limits
on the COMEX should be no more than 1500 contracts, and Exemptions should only be granted to
legitamate hedgers. The level of concentration in silver shorts cannot be justified- it is simply
market manipulation. I also can see no reason not to identify those holding the largest positions
oneither side. Allowing this to continue, especially after the recent revelations of London trader
Andrew Maguire would be inexcusable. I thank you again for attemting to finally fix or at least
improve this situation before it becomes the next crisis/scandal.
Hopefully,
Stephen T. Fichter - Massillon,Ohio
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