Comment Text:
10-005
COMMENT
CL-00586
From:
Sent:
To:
Subject:
Stevenson, Harry L Mr CIV USA AMC
Thursday, April 15, 2010 7:30 AM
Metals Hearing
Position Limits & Concentration In Precious Metals (UNCLASSIFIED)
Classification: UNCLASSIFIED
Caveats: NONE
Subject: Position Limits & Concentration In Precious Metals
Thank you 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 and restrict any hedging
exemptions from those limits 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.
Sincerely,
Harry Lee Stevenson
882 S. Livernois Road
Rochester Hills, MI 48307-2717
Classification: UNCLASSIFIED
Caveats: NONE