Comment Text:
10-005
COMMENT
CL-02359
From:
Sent:
To:
Subject:
secretary
Wednesday, April 7, 2010 12:23 PM
Metals Hearing
FW: SILVER POSITION LIMITS
From:
Art House [mailto:[email protected]]
Sent:
Wednesday, April 07, 2010 11:30 AM
To:
secretary
Subject:
SILVER POSITION LIMITS
Dear Madam/Sir:
Thank you for the opportunity to comment on the issue of position limits for precious metals. After studying
this matter I think that position limits are necessary to guarantee a free market, especially in Silver. A position
limit in silver of no more than 1500 contracts would 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 that hint of price manipulation. I
hope you consider this action.
Sincerely,
Art House