Comment Text:
10-005
COMMENT
CL-00514
From:
Sent:
To:
Subject:
[email protected]
Saturday, April 17, 2010 10:58 AM
Metals Hearing
Positions limits for silver
Dear Sir:
May I take this 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 as
well to legitimate hedgers. Also, 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 listening to my comments and thank you for all your efforts to improve the integrity of our markets.
Sincerely,
Quentin Matthes