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Comment for Proposed Rule 76 FR 4752

  • From: Paul C. Woodfield
    Organization(s):
    individual

    Comment No: 29800
    Date: 2/25/2011

    Comment Text:

    To; Chairman Gensler and the Commisioners
    From: Paul Woodfield

    Please enforce strict position limits as indicated in your staff proposal. I think smaller position limits should be instituted in the silver market. It appears that the market is being "gamed" by a few larger players. I think a position limit of 500 contracts would serve the market well. Since the markets size is so small, that would prevent any single entity, or small group, from manipulating the market.

    Thank you for accepting and reading my comment. Your work is appreciated.

    Paul Woodfield

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