Comment Text:
10-005
COMMENT
CL-02263
From:
Sent:
To:
Subject:
philippe vernhet
Wednesday, April 7, 2010 3:28 PM
Metals Heating
Levels of concentration in COMEX silver futures.
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,
philippe vernhet