Comment Text:
10-005
COMMENT
CL-01293
From:
Sent:
To:
Subject:
Brad.Lait@emerson. com
Saturday, April 10, 2010 9:07 AM
Metals Hearing
Position Limits on COMEX silver
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.
Regards,
Brad
Brad
Lait, P.Eng. I Project / Technical Lead Engineer I Calgary Engineering Center
Emerson Process
Management I 7175 12th Street SE I Calgary I Alberta I T2H 2S6 I Canada
T +1 403 640-3435
[email protected]
