Comment Text:
10-005
COMMENT
CL-01217
From:
Sent:
To:
Cc:
Subject:
Douglas Miller
Saturday, April 10, 2010 11:37 AM
Metals Hearing
[email protected]
Speculative Position Limits in COMEX Silver
Dear Sir;
On April 7, 2010, Mr. Theodore Butler wrote: "Thank[you] 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."
I would like to add my support to Mr. Butler and request that the CFTC make the necessary
changes to speculative position limits in COMEX silver. It is indeed
Time to Act.
Sincerely,
Douglas Miller
