Comment Text:
10-005
COMMENT
CL-00695
From:
Sent:
To:
Subject:
Patton, Michael G CIV PEOSUB, PMS401
Tuesday, April 13, 2010 10:53 AM
Metals Hearing
Precious metals
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,
Michael Patton
Woodbridge, VA
