Comment Text:
10-005
COMMENT
CL-01856
From:
Sent:
To:
Subject:
Frank Weitzel
Friday, April 9, 2010 4:07 AM
Metals Hearing
Speculative positon limit in COMEX silver
Dear Sir,
thank for the opportunity to comment on the issue of position limits for precious metals. Please establish a
speculative positon 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,
Frank Weitzel