Comment Text:
10-005
COMMENT
CL-02712
O.F.T.O.
OFFIOE OF THE SEORETARIAT
04-15-2010
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 that 1500 contracts. Please
restrict any hedging exemptions from those limits as well to legitimate hedgers. Please stop the
levels of concentration in COMEX sliver futures that have been experienced over the past few
years on the short side of the market.
Thank you for all efforts to improve the integrity of our markets.
Sincerely,
Jay
~ Joe Jay
35792 County
Road
Pp
Wray, CO 80758-9102