Comment Text:
10-005
COMMENT
CL-00306
From:
Sent:
To:
Subject:
Steve
Saturday, April 24, 2010 10:25 AM
Metals Hearing
COMEX position limits
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,
Steve Edmonds
Financial Services Professional
New York Life
Home Office: 831-338-3106 I Cell: 831.246.4630
Steve@2rs. com