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Comment for Proposed Rule 76 FR 4752

  • From: William B Jordan
    Organization(s):
    I do not belong to any organized organization that I know of

    Comment No: 29166
    Date: 2/25/2011

    Comment Text:

    Dear CFTC

    Position limits of 1,500 contracts for COMEX silver trading seems very reasonable. This will give the vast majority of trader more than enough room to participate and would go a long way to stopping the heavy handed well financed traders from manipulating the silver market

    I point out that this huge net silver short has been positioned and rolled forward for 10 years. The ever expanding position has never been been closed, just rolled. Gentlemen may I point out this is a problem trade!!!

    Your slow responce to resolve the manipulation of COMEX silver trading is shocking given your mandates one of which is to protect the small provate investor.

    My hope is you do "Gods" work and put the manipulators out of business.

    Sincerely

    W Bishop Jordan

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