Comment Text:
10-005
COMMENT
CL-00511
From:
Sent:
To:
Subject:
Kenneth Peterson
Saturday, April 17, 2010 11:51 AM
Metals Hearing
Stop Comex Fraud !
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
Dear Mr. Secretary:
Thank 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 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,
Ken T. Peterson
Michigan
