Comment Text:
10-005
COMMENT
CL-01357
From:
Sent:
To:
Subject:
Klaus Frehse
Saturday, April 10, 2010 1 :
15
AM
Metals Hearing
COMEX silver futures
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,
Klaus Frehse, Germany