Comment Text:
10-005
COMMENT
CL-01291
From:
Sent:
To:
Subject:
Ross Pellegrino
Saturday, April 10, 2010 9:11 AM
Metals Hearing
COMEX silver position limits
Dear Sir,
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,
Ross Pellegrino
