Comment Text:
10-005
COMMENT
CL-01567
From:
Sent:
To:
Subject:
Robert Field
Friday, April 9, 2010 12:44 PM
Metals Hearing
CFTC Hearing on Precious Metals - Comment
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.
Now is the time to act on this crime in progress. Please do the right thing and exercise your regulatory powers in
the most appropriate way. It is time.
Sincerely,
Robert Field