Comment Text:
10-005
COMMENT
CL-01901
From:
Sent:
To:
Subject:
Keri Kuenz
Friday, April 9, 2010 1:33 AM
Metals Hearing
Public Comment
Hello, Sir or Madame:
I greatly appreciate the Commission talking the initiative to investigate and consider the issue of
position limits on precious metals, and I also thank you for the opportunity for public comment on
the issue.
I have been following the hearings, and I believe that Mr Chilton's concerns over the concentrated
short positions are both legitimate and within the purview of the CFTC's regulatory authority. I
request that the Commission please establish position limits for speculative traders in COMEX silver
of 1500 contracts or less. Icertainly understand the need for hedging exemptions for those
producers and consumers who would
not
be considered speculative, and I request that the
Commission therefore restrict any exemptions to the position limits to real, legitimate hedgers
only. I believe the Commission's concern over the concentration of short positions in the COMEX
(silver) is well-placed, and that ending this concentration is in the interest of the market.
Thank you!
Kerianne Kuenz
[email protected]
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