Comment Text:
10-005
COMMENT
CL-00462
From:
Sent:
To:
Subject:
Jerry Fares
Monday, April 19, 2010 3:20 PM
Metals Hearing
Proposed Federal Speculative Position
DearSir:. Thankyoufor the opportunity to comment on the issue of
position 6mitsforprecious metals. P~ase estab~sh a speculative
position 6mit in COMEX silver of no more than 1500 contracts. P~ase
restrict andhedging exemption.from those 6mits as wellto ~gitimate
hedgers. P~ase stop the levels of concentration in COMEXsilver
futures that have been e:~periencedover the past.few years on the short
side of the market, Thankyoufor allyour efforts to improve the
integrity o.four markets. Respect.fully submitted
JERRY M