Comment Text:
10-005
COMMENT
CL-00703
From:
Sent:
To:
Subject:
secretary
Tuesday, April 13, 2010 8:09 AM
Metals Hearing
FW: Commodity Futures
From:
John McCauley [mailto:[email protected]]
Sent:
Monday, April 12, 2010 5:02 PM
To:
secretary
Subject:
Commodity Futures
This email is being sent on behalf of Richard Conrad:
April12, 2010
Dear Sir,
Thank you for the opportunity 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, which have been experienced over the past few
years, on the short side of the market and help restore true liquidity to the silver futures
market.
Sincerely,
Richard Conrad
