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Comment for Proposed Rule 76 FR 4752

  • From: Sandie Scott
    Organization(s):
    An investor who lost hundred's of thousands of $'s due to the CFTC's incompetence.

    Comment No: 30988
    Date: 3/4/2011

    Comment Text:

    I assume that you have read this article...but it sums up the ridiculous charade that the CFTC appears to be a party to. The credibility of the CFTC and the US Government is shot.

    http://opinionator.blogs.nytimes.com/2011/03/02/a-conspiracy-with-a-silver-lining/?hp

    Please take some action towards cleaning up the precious metals market. A good start would be to prevent ridiculously large short positions in such a small market as the silver market. I urge you to enforce position limits far below to 5000 contract limit which is being proposed.

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