Comment for Proposed Rule 76 FR 4752
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From:
Dean C Hansen
Organization(s):
None
Comment No:
28833
Date:
2/24/2011
Comment Text:
Dear Sirs/Madams,
"Fair and appropriate position limits in silver should be NO MORE than 1,500 contracts or 7.5M ounces. The current proposed limit of over 5,000 contracts WILL NOT SOLVE THE PROBLEM OF MANIPULATION IN SILVER! The 1,500 contract limit is the correct amount and is STILL greater than any other current concentration in physical commodities traded on the COMEX."
Additionally, no position limit exemptions to be giving to large financial institutes/banks like
JP Morgan Chase and HSBC
Thank you!!!
Dean C Hansen
