Comment Text:
10-005
COMMENT
CL-01726
From:
Sent:
To:
Subject:
Mike Riva
Friday, April 9, 2010 9:53 AM
Metals Hearing
position limits in precious metals
Dear Sir: I wish to take this time to offer my public comments on the stated issue. A position limit in COMEX
should max out at 1500 or so contracts. Any exemptions should be limited to legit hedgers. The short side of the
market has extreme levels of concentration and should be stopped. Extreme concentration is necessary for
manipulation and in essence results in manipulation. Please do your duty in this instance. Sincerely, D. Michael
Riva, Attorney at Law West Frankfort, I1.
