Comment Text:
10-005
COMMENT
CL-02337
From:
Sent:
To:
Subject:
secretary
Wednesday, April 7, 2010 12:28 PM
Metals Hearing
FW: Position limits in COMEX silver
From-" MICHAEL REYNOLDS [mailto:[email protected]]
Sent-" Wednesday, April 07, 2010 12:01 PM
To; secretary
Subject-" Position limits in COMEX silver
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,
Mike Reynolds
[email protected]