Comment Text:
10-005
COMMENT
CL-00279
From:
Sent:
To:
Subject:
John Schultz
Saturday, April 24, 2010 11:20 AM
Metals Hearing
Public comment on COMEX regulation
Gentlemen:
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. Please restore confidence in regulation of this market.
Sincerely,
John P. Schultz