Comment Text:
10-005
COMMENT
CL-02299
From:
Sent:
To:
Subject:
Paul Woodman
Wednesday, April 7, 2010 1:51 PM
Metals Hearing
Position Limits Hearing and Hopeful Outcome
Dear Sir;
Thank you for having a hearing to explore the alleged abuse regarding position limits for
precious metals; and allowing the opportunity for comment on this issue. 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 allowed (and defy all logic) over the
past few years on the short side of the market.
Sincerely,
Paul Woodman