Comment Text:
10-005
COMMENT
CL-00318
From:
Sent:
To:
Subject:
Billy Herrick
Saturday, April 24, 2010 10:00 AM
Metals Hearing
Silver 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,
Wilmot J. Herrick Jr.
Grand Rapids, MI 49504
