Comment Text:
10-005
COMMENT
CL-01877
From:
Sent:
To:
Subject:
Steffen Drabek
Friday, April 9, 2010 3:18 AM
Metals Hearing
position limits for precious metals
Dear Sir,
Thank you 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,
Steffen Drabek
Im Schlag 8a
97464 Niederwerrn
Germany
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