Comment Text:
10-005
COMMENT
CL-00767
From:
Sent:
To:
Subject:
[email protected]
Monday, April 12, 2010 1:48 PM
Metals Hearing
Request for Action
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 15oo contracts.
Also, 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.
You have been entrusted to ensure a free market for participants in the metals markets. Please
fulfill that obligation.
Sincerely,
William A and Jane D Coombs