Comment Text:
10-005
COMMENT
CL-02212
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Sent:
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Cc:
Subject:
[email protected]
Wednesday, April 7, 2010 7:12 PM
Metals Hearing
Harrison and Deb Smith
Position Limits
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 that 1500 contract position limit 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, Harrison Smith
