Comment Text:
Please impose reasonable position limits for silver contracts, around say 1,500. The current limit of 5,000 is simply too high given the size of the global market for silver production. Your job is to provide a fair market, to level the playing field for all investors. By allowing large speculative positions you are undermining that objective. Raising margin requirements during volatile times is fine, but it largely impacts the individual, not the large institutions with deeper pockets. But to then allow large speculative positions simply contradicts increases in margin requirements, making the market more volatile and it ONLY favors the largest institutions. Please make the market fair for all.
