Comment for Proposed Rule 76 FR 4752
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From:
John LaPorte
Organization(s):
Private Investor
Comment No:
33707
Date:
3/28/2011
Comment Text:
Please implement effective position limits to help stop the ongoing COMEX market manipulation by the large banks that have recklessly destroyed our free market system. Silver has the largest short concentration of all the commodities and position limits in silver should be implemented immediately. A reasonable limit is no more than 1,500 contracts or 7.5M ounces.
I should have not have had to comment on this issue if high net worth companies like JP Morgan were held accountable for their actions.
Thank You
John LaPorte
