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Comment for Proposed Rule 76 FR 4752

  • From: James M Baugher
    Organization(s):
    Citizens of the Republic

    Comment No: 32995
    Date: 3/26/2011

    Comment Text:

    Team:

    I join with voice of others in favor of the CFTC's implementation of limits in silver of no more than 1500 contracts. The 1500 contract level in silver would make it comparable to the limits that already exist in other commodities.

    The public was virtually unanimous in the previous public comment period held by the CFTC that it wished to have limits imposed in silver. The concensus then and now is that the 1,500 contract level is a resonable and necessary limit to ensure a free market in the silver commondity.

    We are all members of this republic and as such, have a obligation to each other to support the free trading practices that have been the cornerstone of this country since its inception. The CFTC shares that obligation - please honor your mandate of free, transparent and fair markets free from disruptive trading practices.

    A fellow citizen,
    James M. Baugher

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