Commissioner Bart Chilton says, in defense of position limits that: While I’d have an even tougher rule in many respects if I were the only author, this is nonetheless a very strong, needed and imperative rule to ensure more efficient and effective markets devoid of fraud, abuse and importantly, manipulation. This rule balances the needs of consumers and market participants alike. Dear Mr. Chilton: While you think that the position limits rule will ensure more efficient and effective markets “devoid of fraud, abuse and importantly, manipulation,” you are DEAD WRONG. We have long had laws outlawing murder (see the Ten…
Dear Mr. Chilton
