Comment Text:
10-005
COIMMENT
CL-00466
From:
Sent:
To:
Subject:
David Brundage
Monday, April 19, 2010 12:33 PM
Metals Hearing
**** Attn: Mr. David Stawick, RE:Proposed Federal Speculative Position****
Dear Mr. Stawick,
Thank you for the oportunity to comment on the issue of position limits for precious metals.
#1. Please establish a speculativ position limit in COMEX silver of no more than 1500 contracts.
#2. Please restrict any hedging exemptions from those limits as well as legitimate hedgers.
#3. Please stop the levels of concentration in COMEX silver futures on the short side of the
market.
Thank you for your efforts to improve the integrity of the markets!
David L. Brundage
Dana Point, California