Comment Text:
10-005
COMMENT
CL-02303
From:
Sent:
To:
Subject:
clyde hanes
Wednesday, April 7, 2010 1:39 PM
Metals Hearing
Positions limits on Comex Silver futures
Dear Sir;
The purpose of this E- Mail is 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,
Clyde Hanes
