Comment Text:
10-005
COMMENT
CL-00422
From:
Sent:
To:
Subject:
Prime, Ray E
Tuesday, April 20, 2010 5:58 PM
Metals Hearing
Proposed Federal Speculative Position
Dear Sir:
Thank's 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,
Raymond E. Prime
7903 Entrada Cove
Austin, Texas 78730
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