Comment Text:
10-005
COMMENT
CL-00451
From:
Sent:
To:
Subject:
Phil Stewart
Monday, April 19, 2010 6:39 PM
Metals Hearing
Proposed Federal Speculative Position
David Stawick, Secretary, Commodity Futures Trading Commission
Dear Sir:
Thank you for the opportunity to comment on the issue of position limits for precious metals. I advocate
for the establishment of 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,
Dr. Philip J Stewart
119 Spy Glass Way
Hendersonville, TN 37075
