Comment Text:
10-005
COMMENT
CL-00987
From:
Sent:
To:
Subject:
Kenneth Schexnayder
Saturday, April 10, 2010 7:37 PM
Metals Hearing
Position Limits - COMEX
Dear Sir;
I would like to thank you 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,
Kenneth C. Schexnayder