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Comment for Proposed Rule 76 FR 4752

  • From: Chris MB GREEN
    Organization(s):
    Churnet Ltd.

    Comment No: 28449
    Date: 2/24/2011

    Comment Text:

    Dear Sirs,

    As an investor, I am very concerned about the continual talk of fraud and manipulation of the markets, particularly in the Silver market.

    I believe that the current proposal of 5,000 contracts WILL NOT solve the ongoing problems, or perception of manipulation of the market.

    My proposal is that a fair and appropriate position limit in silver should be NO MORE than 1,500 contracts or 7.5M ounces.

    I believe that this is would represent a good position to bring some transparency back to the silver market, and would help to eliminate the widely-held belief that the market is being manipulated.

    Thank you.

    Yours sincerely,

    Chris Green,


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