Comment Text:
10-005
COMMENT
CL-02699
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 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,
Matthew Sadlowsky