Comment Text:
10-005
COMMENT
CL-00308
From:
Sent:
To:
Subject:
Jon McBride
Saturday, April 24, 2010 10:23 AM
Metals Hearing
Position Limits on Precious Metals
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 ~ 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,
Jon W. McBride
515.229.3123
