Comment Text:
10-005
COMMENT
CL-00726
From:
Sent:
To:
Subject:
[email protected]
Monday, April 12, 2010 8:46 PM
Metals Heating
Position Limits for Precious Metals
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
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, Ben Ricci
