Comment Text:
10-005
COMMENT
CL-02381
From:
Sent:
To:
Subject:
secretary
Wednesday, April 7, 2010 11:15 AM
Metals Hearing
FW: Future Limits
..... Original Message .....
From: [email protected]
[mailto:[email protected]]
Sent: Wednesday, April 07, 2010 10:44 AM
To: secretary
Subj ect: Future Limits
Dear Sir,
Thank you for the commissions work on analyzing position limits on precious metals. Please establish a speculative position
limit on 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,
Steve Cordon
