Comment Text:
10-005
COMMENT
CL-02419
From:
Sent:
To:
Subject:
secretary
Wednesday, April 7, 2010 11:09 AM
Metals Hearing
FW: position limits for precious metals
From:
Nick Suckling [mailto:[email protected]]
Sent: Wednesday, April 07, 2010 8:38 AM
To: secretary
Subject: position limits for precious metals
Dear Sir;
Thank 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 1S00 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.
Yours sincerely,
Nick Suckling
