Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 76 FR 4752

  • From: RJ Hanson
    Organization(s):
     RJ Hanson & Co.

    Comment No: 28485
    Date: 2/24/2011

    Comment Text:

    I really want to stress the point that the fair and appropriate position limits in silver should be NO MORE than 1,500 contracts or 7.5M ounces.

    If the current proposed limit of over 5,000 contracts is maintained and not lowered, this WILL NOT SOLVE THE PROBLEM OF MANIPULATION IN SILVER!

    We need to lower the current limit to 1,500 contracts. This limit is the correct amount and is STILL greater than any other current concentration in physical commodities traded on the COMEX.

    Thank you.

Edit
No records to display.