Comment Text:
10-005
COMMENT
CL-02326
From:
Sent:
To:
Subject:
Michael Hannigan
Wednesday, April 7, 2010 12:34 PM
Metals Hearing
Speculative Position Limits
Dear Sir;
Thank you for providing me with an 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,
Michael Hannigan
Durango, Colorado
