Comment Text:
10-005
COMMENT
CL-01487
From:
Sent:
To:
Subject:
Stuart Johnson
Friday, April 9, 2010 2:26 PM
Metals Hearing
Position limits for precious metals
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 AND establish an
upper limit to the exemption since it is a relatively small market
Please stop the levels of concentration in COMEX silver futures by 8 or fewer traders that have
been experienced over the past few years on the short side of the market.
Allow free market forces to reveal the true value price.
PLEASE ACT SOON!
Sincerely, Stuart M. Johnson
Hotmail: Powerful Free email with security by Microsoft.
Get it now.
