Comment Text:
10-005
COMMENT
CL-02599
DR. AND MRS. FRANCIS EL OLSEN
21 OAKFIELD RD.
ST. JAMES, NEW YORK 11780
April 23, 2010
Mr. David Stawick
Secretary, Commodities Futures Trading Commission
Three Lafayette Centre
1155
21
st
St. NW
Washington, DC 20581
Re" Proposed Federal Speculative Position
: ' " 2, :,~ . 2',: !~,"~,i
~
Dear Mr. Stawick:
Thank you for the opportunity to comment on,theissue of positiQn,limits for
preciousmetals' Please ~stabii~h a sp~cul'a~iv~~o~iti'on~]im'it ir~ ~OMEX of no more
than 1500,contracts. Please restrict any hedging exemptions from those limits as
well 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
Thank you 'for all your efforts [0 improge the integrity of our marke£~.
Sincerely,
Francis g. Olsen, DDS, MPA