Comment Text:
10-005
COMMENT
CL-02168
From:
Sent:
To:
Subject:
GARTH MCLEAN
Wednesday, April 7, 2010 10:47 PM
Metals Hearing
Comment on precious metals position limits
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals.
I wish there to be a speculative position limit in COMEX silver of no more than 1500 contracts.
Please restrict any hedging exemptions from those limits to legitimate hedgers.
Also, I wish a stop be put to 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,
Garth McLean