Comment Text:
10-005
COMMENT
CL-00224
From:
Sent:
To:
Subject:
Kipling Hedley
Saturday, April 24, 2010 3:42 PM
Metals Hearing
silver position limits
Dear Sir,
Thank you 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.
Thank you for airing the March 25th meeting and for restoring faith in the CFTC. Keep up the good
work.
Yours sincerely,
Kipling Hedley
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