Comment Text:
10-005
COMMENT
CL-00424
From:
Sent:
To:
Subject:
[email protected]
Tuesday, April 20, 2010 5:20 PM
Metals Hearing
Proposed fedeeral Speculative Position
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 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,
Mike Zellinger
Green valley, AZ