Comment Text:
10-005
COMMENT
CL-01723
From:
Sent:
To:
Subject:
Rice, A1
Friday, April 9, 2010 9:54 AM
Metals Hearing
Commodities Trading - Changes Must Occur
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals. I have the
following requests.
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.
I believe this will improve the overall fairness and transparency of the market.
Sincerely,
Albert E. Rice
