Comment Text:
10-005
COMMENT
CL-00738
From:
Sent:
To:
Subject:
Budd
Monday, April 12, 2010 6:15 PM
Metals Hearing
Position limits for 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 producers and other 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,
Budd Litowitz
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