Comment Text:
10-005
COMMENT
CL-02880
RYAI]DN INC,
CUSTOH SECURITY HARDWARE
April 8, 2010
Dear CFTC Commission:
Thank you for the opportunity to comment on the issue of position limits for precious
metals. I would urge you to establish a speculative position limit in COMEX sliver of no
more than 1500 contracts. Please restrict any hedging exemptions from those limits to
the legitimate hedgers. Please stop the levels of concentration in COMEX silver futures
that have been experienced over the last several years from the short side of this market.
I believe this is vital to the market's integrity and in the best interests of the American
public.
Sincerely,
Steve Teskey
25932 Wright Circle ¯ Foothill Ranch, CA 92610 ¯ Phone (949) 768-8333 ¯ Fax (949) 768-3512
