Comment Text:
10-005
COMMENT
CL-01203
From:
Sent:
To:
Subject:
Jack Lowe
Saturday, April 10, 2010 12:09 PM
Metals Hearing
position limits and concentration in COMEX silver
I urge you to establish a speculative position limit in COMEX silver
of no more than 1500 contracts and to stop the high levels of
concentration in COMEX silver futures on the short side of the market.
¯ Hedging exemptions from the 1500 contract limit should be restricted
to legitimate hedgers and not be available to those attempting to
manipulate the market.
Thank you for addressing this issue.
Sincerely,
John G. Lowe
