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Comment for Proposed Rule 76 FR 4752

  • From: Chris Colllins
    Organization(s):
     N/A

    Comment No: 30235
    Date: 2/26/2011

    Comment Text:

    I commented in the period after the CFTC metals position limits hearing in 2010. I have been frankly a little frustrated with lack of action regarding the CFTC and large concentrated positions.

    If a market such as Silver blows up and becomes forcibly cash-settled, then I will certainly put the CFTC in the basket of organisations to blame.

    Again, for silver, I would suggest a position limit of ~1500 contracts (@5,000 Oz per contract) per entitiy.

    Thanks,
    Chris

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