Comment Text:
Honorable Commissioners:
Re: Maximum silver contracts held by one entity
I believe that the discussion on market control that has been seen for many years need not be discussed, It is self evident.
What is of utmost importance now is to make sure that it never happens again. At eh same time we do not wish to see the market controlled to the extent that trading becomes too limited.
Based on what seems fair to the small buyer as well as the large buyer, the number of contracts held by one entity should not exceed 1200 to 1400.
Thank you for allowing me to comment.
John Grimmius
