Comment Text:
Dear Sirs:
The position limit imposed on those trading silver futures should be limted to no more than 1,500 contracts for any given organization, rather than the proposed limit of 5,000 contracts. Anyone controlling 5,000 contracts (appx 1/5 of annual mine production) would have undue influence in the silver marketplace and, therefore, places in jeopardy all small traders.
Respectfully,
R Ladecky
