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Comment for Proposed Rule 75 FR 4143

  • From: Sam R Linder
    Organization(s):

    Comment No: 16868
    Date: 4/17/2010

    Comment Text:

    10-002
    COMMENT
    CL-07868
    From:
    Sent:
    To:
    Subject:
    Sam Linder
    Saturday, April 17, 2010 12:55 AM
    secretary
    Speculative position limits
    Secretary of the Commission,
    Thank you for the opportunity to comment on the issue of position limits for precious metals which has
    been abused for entirely too long.
    It is imperative that you establish a speculative position limit in COMEX silver of no more than 1500
    contracts and restrict any hedging exemptions from those limits to legitimate hedgers.
    Most especially, 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,
    Sam R. Linder