Comment Text:
10-005
COMMENT
CL-01844
From:
Sent:
To:
Subject:
Tyler Crawford
Friday, April 9, 2010 5:00 AM
Metals Hearing
Metals hearing comment
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. If it was important to set limits for silver options on the
long side because of the actions of the Hunt brothers, it is important
for the CFTC to be consistent on the short side as well.
Sincerely,
Tyler Crawford, MD
