Comment Text:
10-005
COMMENT
CL-02061
From:
Sent:
To:
Subject:
[email protected]
Thursday, April 8, 2010 8:48 AM
Metals Hearing
Metals Hearings
Dear Sirs;
I would like to comment on the issue of position limits for precious metals. I urge you to establish a speculative position limit
in COMEX silver of no more than 1500 contracts. Please restrict 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 few years
on the short side of the market.
Sincerely,
B.J. McGrady
