Comment Text:
10-005
COMMENT
CL-00458
From:
Sent:
To:
Subject:
dennis p
Monday, April 19, 2010 4:22 PM
Metals Hearing
Proposed Fed Speculative Position-Dennis P
David Stawick, Secretary
Commodity Futures Trading Commission
Three Lafayette Centre, 1155.21 Street, NW
Washington, DC 20581
April 19, 2010
re: Proposed Federal Speculative Position
Dear Sir:
Thank you for this opportunity to comment on the issue of position
limits for precious metals. I believe we need a speculative position
limit in Comex silver of 1500 contracts and no more. Please
establish this and restrict any hedging exemptions from those limits
as well to legitimate hedgers. I feel it is most important to market
fairness to stop the levels of concentration in Comex silver futures
that we have been seeing in recent years on the short side of the
market.
Thank you for your efforts to improve the integrity of our markets.
Sincerely,
Dennis D. Potokar
2604 Beachwood Drive
Los Angeles, CA 90068
