Comment Text:
10-005
COMMENT
CL-00430
From:
Sent:
To:
Subject:
secretary
Tuesday, April 20, 2010 3:45 PM
Metals Hearing
FW: Limits on COMEX Silver Market
From:
George Offerman [mailto:[email protected]]
Sent:
Tuesday, April 20, 2010 3:18 PM
To:
secretary
Subject:
Limits on COMEX Silver Market
Dear Sir,
Thank you for your latest action pertaining to the investigation into silver manipulation on the COMEX.
It seems there is relevant issues pertaining to the large concentrated positoins in this market, and I
readily support your efforts in setting reasonable limits to 1500 contracts on the short side. It would also
be desireable to restrict any hedging exemptions form those limits to legitimate hedgers. Again, Thank
You for looking into the issues of concentration and manipulation, and taking this seriously.
Sincerely,
George Offerman