Comment Text:
I commend the CFTC in finally addressing this long standing grievance regarding illegal concentration of naked short position in silver. However if the position limits are so hugh as you propose (5000+ contracts), they will do little to accomplish the fair and freer trading of commodities and leave the markets open to manipulation to those who continue to take advantage of lax reform by the CFTC. Position limits of 1500 contracts, i.e. 7.5million ounces, would more faithfully accomplish your aim to restore markets to a level playing field for participants.
