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Comment for Proposed Rule 76 FR 4752

  • From: Richard Cooley
    Organization(s):
     Individual investor

    Comment No: 33129
    Date: 3/26/2011

    Comment Text:

    Dear Chairman Gensler and fellow Commissioners:
    Please approve the staff’s proposal for position limits. The current limit of 5,000 contracts is too high. This current limit invites market manipulation. It should be set at 1500 contracts (7.5 million ounces).
    Thank you,
    Richard Cooley

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