Comment Text:
10-005
COMMENT
CL-01809
From:
Sent:
To:
Subject:
secretary
Friday, April 9, 2010 8:25 AM
Metals Hearing
FW: Position Limits
l~rom: Thomas Karakoulias [mailto:[email protected]]
Sent: Friday, April 09, 2010 4:43 AM
To:
secretary
Subject: Position Limits
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.
Sincerely,
Thomas Karakoulias
