Comment Text:
10-005
COMMENT
CL-01995
From:
Sent:
To:
Subject:
j [email protected]
Thursday, April 8, 2010 1:00 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,
Jon Thone
jonthone@netzero, net