Comment Text:
10-005
COMMENT
CL-01967
From:
Sent:
To:
Subject:
Richard Jimenez
Thursday, April 8, 2010 2:58 PM
Metals Hearing
Request
Dear Sir:
We thank you for the opportunity to be able to comment on the issue of position limits for precious
metals. We think it is necessary to establish position limits in COMEX of no more than 1,500 contracts.
We also think that there should be no hedging exemptions from those limits to legitimate hedgers.
Please stop the levels of concentration in COMEX silver futures that have occurred over the past few
years on the short side of the market.
Sincerely, Richard Jimenez, Jim Bede, Donald Keck, and Lupe Knox
