Comment Text:
10-005
COMMENT
CL-01711
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Subject:
Zimmerman, Cheri A
Friday, April 9, 2010 10:08 AM
Metals Hearing
Zimmerman, Cheri A
Position Limits for Precious Metals
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,
Cheri Zimmerman
990 SW Borland Road
West Linn, OR 97068