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Comment for Proposed Rule 76 FR 6095

  • From: Jon D Pike

    Comment No: 35376
    Date: 4/2/2011

    Comment Text:

    Dear Chairman Gensler and Commissioners,

    The current formula of 5,000 contracts is equivalent to .25 million ounces of silver. This represents far too great of a threshold in light of the actual mining output of the world's silver mines. Please institute a 1500 contract (7.5 million ounce) position limit for silver.

    Thank you for your consideration to this important matter,
    Jon D. Pike

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