Comment Text:
10-005
COMMENT
CL-01056
From:
Sent:
To:
Subject:
Lawrence Irish
Saturday, April 10, 2010 11:39 PM
Metals Hearing
Position limits for precious metals
Dear Sir;
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 to 2000
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. Thanks again for allowing me to comment. Sincerely, Larry Irish.