Comment Text:
10-005
COMMENT
CL-02130
From:
Sent:
To:
Subject:
Michael Zibinsky
Thursday, April 8, 2010 2:17 AM
Metals Heating
COMEX position limits
Dear Commissioner,
I appreciate the opportunity to provide my comments on the issue of position limits for precious metals. As an active trader and
silver investor I would like to see a speculative position limit in C©MEX silver established in the range of 1,500-1,700
contracts. Along with that, it would be fair to restrict any hedging exemptions as well. Needless to say that the concentration
level on COMEX silver market is outrageous and needs to be stopped!
Best regards,
Mike Zibinsky.