Comment Text:
10-005
COMMENT
CL-01872
From:
Sent:
To:
Subject:
Karsten Otto
Friday, April 9, 2010 3:28 AM
Metals Hearing
Limits for precious metals
Sekret~r der Kommission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
Karsten Otto
Wiener Strasse 8
64521 GrolS-Gerau
-Germany-
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,
Karsten Otto
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