Comment for Proposed Rule 76 FR 4752
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From:
Tom Emerick
Organization(s):
none
Comment No:
31483
Date:
3/10/2011
Comment Text:
Commissioners,
I urge you to pass position limits in silver at a 1500 contract level per entity. The present 5000 level limit being offered will not control manipulation, as it is still too high. The CFTC must know what needs to be done to end this long standing problem and so we look to you to do the job you were sworn to do when you were entrusted with regulating the exchange. Anything less is not acceptable.
Remember the Dodd-Frank bank reform law states that position limits be in place by the middle of Jan. 2011. This date has passed and we are still waiting.
