Comment Text:
10-005
COMMENT
CL-02717
O.F.T.O.
OFFICE OF THE SECRETARIAT
EURO-FINANZ~ERVICi~ A@
An den Sekret~ir der Kommission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 2:1st Street NW
Washington, DC 20581:[
USA
Dipl.-Fw. Walter Fletschberger
Direktor for die EFS-AG
Gewerbflcher Verm6gensberater
A-5020 Salzburg
Vogelweiderstral3e 61
Tel, +43(0)662/879787-0
Fax +43(0)662/879787-11
Mobil +43(0)699/16660066
walter, [email protected]
Salzburg, 10. April 2010
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 to legitimate hedgers,
Please stop the levels of concentration in COMEX silver futures that have been experienced
over the past rex year on the short side of the market.
Sincerely
Dir. W~
etschberger
Si|z der Oesellschafl:
Eu[o-Finanz-Service Vermiltlungs AO
A 507] Wals/Selzburg, Josef-Lindner-Sfral3e lob
Tel. +43(0)6621857385-0 Fax +43(0)662185738o-31
www.efs-ag,at. E-Maih office@ors-as,at
Vorstaild:
Senetor Otto Witlschler (VoBiizender)
Ingo Linn
Vo[sitzender des Aufsichlsrates;
Dr. JOrgen Pelka
Bankverbil]dul]g; Raiffeisenverbend Salzburg
BLZ 35000, Konto Nr. 52.555
UID: ATU 54558802
Firmenbuchnurnmer: FN 219071p
Firmenbuchgelichl: Lendes- als Hauplgedcht Salzburg
Verblndllche Bkl~rung fl~r die EFS-AG bediiffen der zu~lTIichen schriftlichen Besl~iligung dumh den Vorsland der Gesellsehefl.