Comment Text:
10-005
COMMENT
CL-01392
From:
Sent:
To:
Subject:
Richard Hoyle
Friday, April 9, 2010 8:56 PM
Metals Hearing
Silver 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 and 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,
Richard Hoyle
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