Comment Text:
10-005
COMMENT
CL-01157
From:
Sent:
To:
Subject:
Lloyd Wolfe
Friday, April 9, 2010 9:09 PM
Metals Heating
Silver Limits
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. No speculator or
entity should be allowed to trade at a level higher then 2 % of the total yearly production of a commodity. I am
glad you are looking into this issue.
Sincerely,
Lloyd W Wolfe
