Comment Text:
Dear Chairman Gensler and fellow Commissioners:
I am dismayed that this process is taking so long. As I understand it, your commission has already missed the deadline imposed by Congress for implementing these position limits. Your delays have adversely affected my wife and my retirement investments. Please do not allow for any further delays.
I support the staff's proposal for position limits, except for those pertaining to silver. Why is this commodity so special to receive such an obscenely large limit? The 5,000 contract proposal places unfair pricing pressure upon almost every other user in the world. In effect, it will allow continued manipulation of this market. The purpose of speculative position limits is to prevent such a circumstance. Your staff and commission seems to understand this in all other commodities.
Please listen to the thousands of citizens who have already spoken in prior public comments and institute a 1500 contract (7.5 million ounce) position limit for silver.
Thank you for your consideration of this matter.
