Comment Text:
10-005
COMMENT
CL-02733
April 13,2010
2010
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street
Washington DC 20581
Dear Secretary,
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 few years on the short side of the market.
Sincerely,
