Comment Text:
10-005
COMMENT
CL-01687
From:
Sent:
To:
Subject:
Clarence Criswell
Friday, April 9, 2010 10:36 AM
Metals Heating
Metals 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. 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.
The hearing really pointed out how bad things are in these markets. Your quick action will prevent
a "train wreck" that is sure to come if you do not act.
Sincerely,
Clarence L. Criswell
400
Criswell Avenue
Lamar, SC 29069
[email protected]