Comment Text:
10-005
COMMENT
CL-01769
From:
Sent:
To:
Subject:
Stephen Sittler
Friday, April 9, 2010 9:12 AM
Metals Hearing
Dear Sirs
Thank you for the opportunity to comment on the issue of position limits for
precious metals. In the wake of Mr. Mcguire's disclosures it's time to reform
these markets. 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,
Stephen Sittler
