Comment Text:
10-005
COMMENT
CL-00398
From:
Sent:
To:
Subject:
Dave Cochrane
Wednesday, April 21, 2010 12:51 PM
Metals Hearing
Proposed Federal Speculative Position
Dear Sir,
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 as well 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.
Thank you for all your efforts to improve the integrity of our markets.
Sincerely,
Dave Cochrane
1404 Chamber St.
Rogersville, TN 37857
