Comment Text:
10-005
COMMENT
CL-01219
From:
Sent:
To:
Subject:
Dev & Lynn Margraf
Saturday, April 10, 2010 11:31 AM
Metals Hearing
Comments - Position Limits for COMEX Silver
Dear Mr. Commisioner,
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.
Sincerely,
J. Devereux Margraf
10529 Brevity Drive
Great Falls, VA 22066
