Bart Chilton on cnbc looking for an international solution on position limits http://www.cnbc.com/id/15840232/?video=1706782569&play=1
Interesting comment there. 35% of the silver market held by one trader. didn't specify long or short though.
he also did not say if they were just looking at limiting long or short positions or both? It would make a large difference if they limited only one side of the trade and not both.
Well, they should be limiting naked shorts and naked longs. The naked part of the trade position is the part that matters most in this context as they do not have the collateral to cover those positions and therefore they should be heavily limited. Not just on shorts, although naked shorts present a far more serious problem than naked longs all else being equal.