Comment Text:
10-005
COMMENT
CL-00449
From:
Sent:
To:
Subject:
[email protected]
Monday, April 19, 2010 10:24 PM
Metals Hearing
Proposed Federal Speculative Position
David Stawick, Secretary,
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Stee, NW,
Washington,D.C.20581
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 copntracts.
Please restrict any hedging exemptions from those limits as well as 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 opf our markets.
Sincerely
Stanley Jedrusiak