Comment Text:
10-005
COMMENT
CL-01055
From:
Sent:
To:
Subject:
Kip Lee
Saturday, April 10, 2010 11:52 PM
Metals Hearing
A TIME TO ACT By Theodore Butler
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,
Kip Lee
912.401.4772