Comment Text:
10-005
COMMENT
CL-00777
From:
Sent:
To:
Subject:
jimbeth 1 @mindspring. com
Monday, April 12, 2010 12:34 PM
Metals Hearing
Concentration of commodities hedging
Dear Sir,
Thank you for accepting my comments on commodities hedging. There seems to be no legitimate reason to allow
concentrated positions in futures hedging, unless we all would agree that it is right for our government to control the prices of
commodities. This of course leads to a misallocation of resources and lead to poor economic planning. I believe the CFTC
should limit the concentration of hedging positions on the COMEX
