Comment Text:
10-005
COMMENT
CL-02707
Dear Sir:
Thanks 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 fi'om 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.
Sincerely,
/
Address:
James Klement
1226 Laurenwood Way
Highlands Ranch, CO 80129-5678
