Comment Text:
10-005
COMMENT
CL-00784
From:
Sent:
To:
Subject:
Richard DeGennaro
Monday, April 12, 2010 11:49 AM
Metals Hearing
Comex Silver futures
Gentlemen
I appreciate 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,
Richard DeGennaro