Comment Text:
10-005
COMMENT
CL-01306
From:
Sent:
To:
Subject:
D'Anne Blume
Saturday, April 10, 2010 8:40 AM
Metals Hearing
Position limits for precious metals
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.
This is so important to the integrity of the markets and the CFTC. I'm a
player just looking to get into the markets. I can tell you that knowing
whether the CFTC will really use their power to correct these problems will
change my investment decisions from now on.
Sincerely,
D'Anne Blume
Email - [email protected]
Postal - Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
