Comment Text:
10-005
COMMENT
CL-01010
From:
Sent:
To:
Subject:
Noel Samaniego
Saturday, April 10, 2010 3:49 PM
Metals Hearing
Establish Position Limits to provide a fairness in the metals market
Dear Commissioner;
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 1000 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,
Noel Samaniego
