Comment Text:
10-005
COMMENT
CL-02174
From:
Sent:
To:
Subject:
Dave Sandberg
Wednesday, April 7, 2010 10:38 PM
Metals Hearing
Silver Market
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 few years on the
short side of the market.
Sincerely,
Dave Sandberg
National Accounts Manager
Yamaha Electronics Corporation USA
Office 714 522-9824
Fax 815 282-9310
Cell 815 494-3325