Comment Text:
10-005
COMMENT
CL-01205
From:
Sent:
To:
Subject:
jay todd
Saturday, April 10, 2010 12:00 PM
Metals Hearing
Precious Metals price manipulation
To: Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
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.
Sincerely, Jay Todd