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Comment for Proposed Rule 76 FR 4752

  • From: Roland Pitts
    Organization(s):
    Private Investor

    Comment No: 29153
    Date: 2/25/2011

    Comment Text:

    I urge you to approve the staff's proposal on position limits. However, I respectfully request that you READJUST THE POSITION LIMITS ON SILVER. 5,000 contracts is too high and would allow the continuation manipulation of the silver market by a concentrated short position. Please institute a
    1500 CONTRACT (7.5 million ounce) POSITION LIMIT FOR SILVER.

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