Comment Text:
to whom it may concern.
I am very disappointed by the CFTC's proposal of a size limit of 5000 contracts for silver. It should be 1500 contracts at the very maximum.
It is my personal belief that the commission is being corrupted by the larger financial institutions of the USA, particularly protecting the interest of JPmorgan Bank, which has a very large illegal short position in silver. The chairman is a partner at Goldman Sachs and obviously not keen on protecting the average investor.
I am a law abiding, tax paying citizen, who feels violated by this proposed ruling.
If the CFTC is protecting the fraudsters, who will protect the citizens?
And why so much corruption on the part of a federal agency. We have the right to know whom Mr gensler and the commission is protecting.
Mr Bart Chilton stands alone as a beekon of honesty and should be praised.
This is a very sad state of affairs when none of what the citizens are saying is taken into consideration, but where a corrupt commission maintains an on going criminal fraud in the silver market.
This will remain an infamy for the world to see.
SD