Comment Text:
10-005
COMMENT
CL-00832
From:
Sent:
To:
Subject:
Steven Smith
Monday, April 12, 2010 7:26 AM
Metals Hearing
Position Limits in Precious Metals-
Dear Sir;
Thanks 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,
Steven Smith
