Comment Text:
10-005
COMMENT
CL-01114
From:
Sent:
To:
Subject:
[email protected]
Saturday, April 10, 2010 5:30 PM
Metals Hearing
Position Limits on COMEX
Gentlemen:
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.
Best wishes,
J. Spence Stephens
Private Investor
