Comment Text:
10-005
COMMENT
CL-02275
From:
Sent:
To:
Subject:
Binkiewicz, David
Wednesday, April 7, 2010 2:55 PM
Metals Hearing
position limits for precious metals
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,
David Binkiewicz
RSM McGladrey, Inc.
1185 Avenue of the Americas
New York, N.Y 10036
Tel: 212-372-1491 Fax: 646-885-1491
E-mail:
[email protected]
www.rsmmcgladrey.com
The Professionals For Companies On the Move
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