Comment Text:
10-005
COMMENT
CL-01279
From:
Sent:
To:
Subject:
Pierre L~pine
Saturday, April 10, 2010 9:36 AM
Metals Hearing
Position limits for precious metals
To the Secretary of the Commission:
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals. Please
establish a speculative position limit in COMEXsilver not exceeding 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.
Respectfully,
Pierre Lepine
Private Investor in Precious metals