Comment Text:
10-005
COMMENT
CL-02222
From:
Sent:
To:
Subject:
louis ciaccio
Wednesday, April 7, 2010 6:41 PM
Metals Heating
Secretary of the Commission Commodity Futures Trading Commission
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,
Louis Ciaccio
