Comment Text:
10-005
COMMENT
CL-01470
From:
Sent:
To:
Subject:
[email protected]
Friday, April 9, 2010 2:52 PM
Metals Hearing
position limits
Dear Sir:
As a serious investor in silver, I'd like to thank for the opportunity to comment on the issue of
position limits for precious metals. Your recent hearings and related news reports have highlighted
the need to establish a speculative position limit in COMEX silver of no more than 1500
contracts. Any hedging exemptions from those limits should be restricited to legitimate hedgers.
Moreover, I would sincerely appreciate whatever can be done to stop the (unlawful?) levels of
concentration in COMEX silver futures that have been experienced over the past few years on the
short side of the market.
Sincerely,
Dr. Stanley Rosen
Los Angeles
