Comment Text:
Please please implement more realistic position limits, in order to control the ability of very large participants to exert excessive or undue influence in the speculative area.
In silver for example, a maximum of 2000 contracts or less would seem appropriate, along with supervision that would help to prevent apparently unrelated parties (but actually the same party) to violate the limit - and the same with exemptions for real and honest hedgers. In other words, watch and supervise to prevent other parties from shadow ownership and control of bonafide hedgers.
Regards,
Gary
