Comment Text:
10-005
COMMENT
CL-00503
From:
Sent:
To:
Subject:
Leslie Karr
Saturday, April 17, 2010 10:57 PM
Metals Hearing
Comment Regarding Silver Position Limits
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for
precious metals.
I recommend you establish a speculative position limit in COMEX silver of no
more than 1500 contracts.
Please restrict any hedging exemptions from those limits 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.
Sincerely,
Mr. Leslie R. Karr
