Comment Text:
10-005
COMMENT
CL-02757
James N Denison
2208 79th Court West - Bradenton, FL 34209-5219
(941) 795-7099
April 7, 2010
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
st
Street NW
Washington, DC 20581
O. F.T. (;.
OFIqOE OF 1'HE SEORETARIAT
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,
lames N Denison