Comment Text:
10-005
COMMENT
CL-00390
From:
Sent:
To:
Subject:
secretary
Wednesday, April 21, 2010 2:57 PM
Metals Hearing
FW: Position limit comment
From: Mike Schram [mailto:[email protected]]
Sent:
Wednesday, April 21, 2010 2:19 PM
To:
secretary
Subject:
Position limit comment
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,
Michael Schram
