Comment Text:
10-005
COMMENT
CL-00833
From:
Sent:
To:
Subject:
[email protected]
Monday, April 12, 2010 7:06 AM
Metals Hearing
CFTC Metals Position Limits Meeting
Dear Sir,
Thank for the recent public meeting on the issue of position limits and 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,
Michael Schaffner
