Comment Text:
10-005
COMMENT
CL-01484
From:
Sent:
To:
Subject:
Jason Melendez
Friday, April 9, 2010 2:28 PM
Metals Hearing
Precious metals position limits
Dear Sir,
Thank 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,
Jason Melendez
