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Comment for Proposed Rule 76 FR 4752

  • From: John Alan Jardine
    Organization(s):
    Private Investor

    Comment No: 28734
    Date: 2/24/2011

    Comment Text:

    Ladies/Gentlemen of the CFTC -

    I am submitting this comment to urge the CFTC to adopt a position limit of 1500 contracts in the silver trading market to finally ensure that the silver market is a fair market in which to trade. I am also asking that you not delay this action as you have in the past. Establishing a 1500 contract position limit in the silver market is the only way to implement your mandate by law and restore the CFTC's creditability and the public faith in the silver market. Any position limit above 1500 contracts, would not just be discouraging but truly unfair.

    John A. Jardine

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