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Comment for Proposed Rule 76 FR 4752

  • From: Brian Walker

    Comment No: 28014
    Date: 2/23/2011

    Comment Text:

    Dear Commissioners:

    Some "bona fide hedgers" are able to control a large part of the market due to their huge short position. Please consider lower the limit from 5000 contracts to 1000/1500 contracts for everyone and enact it as soon as possible to help put an end to the crime of manipulation by the large commercial banks. I believe the CME group requires overisight, but that isn't the main point of this letter. I think since silver is such a small market, these smaller positions will help the market from being swayed by a handful of groups.

    Thanks for your time,

    Brian Walker

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