Comment Text:
10-005
COMMENT
CL-02394
From:
Sent:
To:
Subject:
secretary
Wednesday, April 7, 2010 11:13 AM
Metals Hearing
FW: Comments about position limits in the metals.
From:
[email protected] [mailto:[email protected]] On Behalf Of H~kan Karlsson
Sent:
Wednesday, April 07, 2010 10:20 AM
To:
secretary
Subject:
Comments about position limits in the metals.
Dear Sir,
Thank for the opportunity to comment on the issue of position limits for precious metals.
It is time to do something. It is ridiculus as it stands now!
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,
Hakan Karlsson