Comment Text:
10-005
COMMENT
CL-01145
From:
Sent:
To:
Subject:
Bryce Pitters < bpitters@ hotmail.com >
Saturday, April 10, 2010 2:53 PM
Metals Hearing
Position Limits on Precious Metals
Dear Ladies & 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. Please level the playing field and making it fair for everyone to
participate in the trading process.
Sincerely,
B. Pitters
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