Comment Text:
10-005
COMMENT
CL-01893
From:
Sent:
To:
Subject:
[email protected] on behalf of
Ingo Materne
Thursday, April 8, 2010 9:47 AM
Metals Hearing
Position limits for precious metals
Dear Sir,
Thanks for the opportunity to comment on the issue of position limits for precious metals.
1. Please establish a speculative position limit in COMEX silver of no more than 1500
contracts.
2. Please restrict any hedging exemptions from those limits to legitimate hedgers.
3. 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.
Best regards from Germany,
Ingo Materne
