Comment Text:
10-005
COMMENT
CL-00396
From:
Sent:
To:
Subject:
Elaine Cruz
Wednesday, April 21, 2010 12:58 PM
Metals Hearing
Position Limits
Dear Sir:
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,
Elaine Cruz