Comment Text:
10-005
COMMENT
CL-00431
From:
Sent:
To:
Subject:
Donald Sever
Tuesday, April 20, 2010 3:30 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. I believe you should please
establish a speculative position limit in COMEX silver of no more than 1500 contracts. Please restrict any hedging
exemptions from this limit 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,
Donald Sever