Comment Text:
10-005
COMMENT
CL-01393
From:
Sent:
To:
Subject:
Mike Thompson
Friday, April 9, 2010 8:51 PM
Metals Hearing
Comment on the issue of position limits for precious metals
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,
Mike Thompson
