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Comment for Proposed Rule 76 FR 4752

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  • From: Kevin Sheldon
    Organization(s):
    Owner,
    MemoryLaneStudioOnline.com

    Comment No: 33663
    Date: 3/28/2011

    Comment Text:

    Hello!

    Please implement effective position limits to help stop the ongoing COMEX market manipulation by the large banks that have recklessly destroyed our free market system. Silver has the largest short concentration of all the commodities and position limits in silver should be implemented immediately. A reasonable limit is no more than 1,500 contracts or 7.5M ounces.

    If I had my way, there would be a public investigation, paid for by the common man, into the manipulations in the Silver, Gold, and any other market. If a public official was found to aid the manipulation, they would be bared from public service for life; and those who manipulate (or aid/fail to act) the market, would be put in prison.

    So, you have my input. Make it so!

    Sincerely,
    Kevin Sheldon

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