Comment Text:
10-005
COMMENT
CL-01717
From:
Sent:
To:
Subject:
[email protected] on behalf of
Mike Miller
Friday, April 9, 2010 10:00 AM
Metals Heating
Position limits for precious metals
To whom it may concern,
With respect to 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.
Thanks,
-Mike Miller