Comment Text:
10-005
COMMENT
CL-00947
From:
Sent:
To:
Subject:
Jerry McNeely
Sunday, April 11, 2010 12:45 PM
Metals Hearing
Position limits
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Dear Sir;
Thank 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,
Jerry McNeely
Tucson, AZ