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Comment for Proposed Rule 75 FR 4143

  • From: Neil Sandow
    Organization(s):

    Comment No: 16976
    Date: 4/20/2010

    Comment Text:

    10-002
    COMMENT
    CL-07976
    From:
    Sent:
    To:
    Subject:
    Neil Sandow
    Tuesday, April 20, 2010 4:17 PM
    secretary
    Comment re: 3/25/10 CFTC Hearing on Comex Gold and Silver Position Limits
    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,
    Neil Sandow, Pharm.D.
    1324 West K Street
    Benicia, CA 94510
    707-747-0985