Comment Text:
10-005
COMMENT
CL-00538
From:
Sent:
To:
Subject:
philippe vernhet
Friday, April 16, 2010 2:40 PM
Metals Heating
Secretary of the Commission Commodity Futures Trading Commission
Dear Sir;
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,
Ph V
