Comment Text:
10-005
COMMENT
CL-01962
From:
Sent:
To:
Subject:
Glen Thone
Thursday,
April 8, 2010 3:23 PM
Metals Hearing
Recent CFTC public hearing - Public comment period
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 many years on the short side of the market. By the CFTC making and
enforcing these two rules changes you will be leveling the playing field to
where I may receive a fair shake in the market place.
Sincerely,
Glen Thone
gothone @charter. net
