Comment Text:
10-005
COMMENT
CL-01360
From:
Sent:
To:
Subject:
[email protected]
Saturday, April 10, 2010 12:43 AM
Metals Hearing
Position limits
Dear Sir or Madame,
Thank you for this opportunity to comment on the issue of position limits
for precious metals on the COMEX.
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.
Yours Sincerely
GI Paterson