Comment Text:
10-005
COMMENT
CL-02640
April 19, 2010
Fntnre Trading Commission, Three Lafayette Center
1155 21 at Street NW
Washington, DC 20581
Attention: David Stawiek
Secretary, Commodity
Dear Sir:
Thank you 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 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 the market.
Thank you for all your efforts to improve the integrity of our markets.
JVG: ke
//FTC0419 ! 0