Comment Text:
10-005
COMMENT
CL-02314
From:
Sent:
To:
Subject:
Frederick Shotton
Wednesday, April 7, 2010 1:12 PM
Metals Hearing
COMEX silver - hearing
feedback
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,
Frederick Shotton
