Comment Text:
10-005
COMMENT
CL-01300
From:
Sent:
To:
Subject:
Brian Pettigrew
Saturday, April 10, 2010 8:48 AM
Metals Hearing
Position limits
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
and specifically exclude Bullion Banks.
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,
Brian Pettigrew
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