Comment Text:
10-005
COMMENT
CL-01728
From:
Sent:
To:
Subject:
Teresa Meek
Friday, April 9, 2010 9:50 AM
Metals Hearing
Position limits imperative in COMEX
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 shorts are way too concentrated in a few hands. This is CLEARLY market manipulation, as Andrew Maguire
tried to explain to you. It is an OUTRAGE for you not to address this situation. This is your responsibility, what you
were hired to do. If you can't get it done, you shouldn't hold your office, and I will complain to Congress about you.
Sincerely,
Teresa Meek
