Comment Text:
10-005
COMMENT
CL-01005
From:
Sent:
To:
Subject:
Leo Woods
Saturday, April 10, 2010 4:17 PM
Metals Hearing
COMEX silver issues
Dear CFTC Representatives:
I am writing today with sincere appreciation for the opportunity to express my thoughts on an issue you are
currently evaluating and an issue which I believe is of the utmost importance for the purpose of maintaining the
honesty, fairness, and integrity of the American market place. To be very specific, I strongly encourage you to
establish a speculative position limit in COMEX silver of no more than 1500 contracts. I also encourage you to
restrict any hedging exemptions from those limits to legitimate hedgers. I also believe it is critical that you 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. Should you wish to discuss these issues further, I may be reached at the following #
(503) 362-4599.
Best Regards,
Leo J. Woods
