Comment Text:
10-005
COMMENT
CL-01196
From:
Sent:
To:
Subject:
Marc
Saturday, April 10, 2010 12:18 PM
Metals Hearing
Position limits
CFTC,
Thank for this 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. Your action in this matter is the highest urgency for our free
markets.
Thank You!
Sincerely,
John M Sharp- 828 371 0972
