Comment Text:
10-005
COMMENT
CL-00774
From:
Sent:
To:
Subject:
Chip
Monday, April 12, 2010 1:04 PM
Metals Hearing
Comment on the issue of position limits for precious metals
Secretary of the Commission
Commodity Futures Trading Commision
Three Lafayette Centre
Washington DC
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
Melvin R Greene
Eagan MN
