Comment for Proposed Rule 76 FR 4752
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From:
J.B. Riebel
Organization(s):
None
Comment No:
29008
Date:
2/24/2011
Comment Text:
Fair and appropriate position limits in silver should be no greater than 1,500 contracts or 7.5M ounces. The current proposed limit of over 5,000 contracts is clearly not adequate to accomplish the objectives of any regulatory organization worth its salt. The 1,500 contract limit is an appropriate amount that balances risk with invesor opportunity. The time for action is now.
