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Comment for Proposed Rule 76 FR 4752

  • From: William Robinson
    Organization(s):
    NA

    Comment No: 33759
    Date: 3/28/2011

    Comment Text:

    Please implement effective position limits to stop the ongoing COMEX market manipulation by the large banks that have and continue to recklessly destroy 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.

    This will help fulfill your mission which according to this website claims to be "Ensuring the Integrity of the Futures and Options Markets". At present these markets have no integrity nor are free nor are fair. The CFTC Board must resign their office if they cannot or will not ensure intergrity in the these markets.

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