Comment Text:
10-005
COMMENT
CL-02238
From:
Sent:
To:
Subject:
Michael Phillips
Wednesday, April 7, 2010 4:56 PM
Metals Heating
Comex
Dear Sir;
Thank you 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,
Michael Phillips
