Comment Text:
10-005
COMMENT
CL-01199
From:
Sent:
To:
Subject:
Peter Werner
Saturday, April 10, 2010 12:14 PM
Metals Hearing
Establish position limit
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. A few self-serving
individuals should not control the value any commodity. Thank you.
Sincerely,
Peter Werner