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Comment for Proposed Rule 76 FR 4752

  • From: Mark Stevens
    Organization(s):
    Private individual.

    Comment No: 29468
    Date: 2/25/2011

    Comment Text:

    Dear Sir,

    Markets should be free and open, and not dominated by a few large institutions. Your moral responsibility is to ensure that. You are working on behalf of "the people," not "the few." What occurs in the silver market is unjust, wrong, obvious, and embarrassing.

    Why is it permissible for big players, through electronic trading in thin after hours markets, to manipulate price in the way they so obviously do?

    A 1500 contract or 7.5 million ounce position limit for silver would go a long way toward solving the problem.

    Sincerely,
    Mark Stevens



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