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Comment for Proposed Rule 76 FR 4752

  • From: George Poulos
    Organization(s):

    Comment No: 28608
    Date: 2/24/2011

    Comment Text:

    Current position limits for silver are hugely out of line with other commodities; but more importantly the size of these limits grant single entities the ability create concentrated long or short positions that hinder the free markets ability to arrive at fair, free and true market prices. In order to prevent this; position limits must be decreased for silver contracts. Please institute a 1500 contract (7.5 million ounce) position limit for silver.

    Sincerely,

    George Poulos

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