Comment Text:
10-005
COMMENT
CL-00722
From:
Sent:
To:
Subject:
Van Dalen
Monday, April 12, 2010 9:39 PM
Metals Hearing
Position Limits - Precious Metals Contracts
Dear Sir;
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.
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,
R. Van Dalen