Comment for Proposed Rule 76 FR 4752
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From:
Andrew Hitchcock
Organization(s):
self
Comment No:
34000
Date:
3/29/2011
Comment Text:
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 your organization is worth anything, then the implementation of position limits is a win-win. You actually help the market and you make a start at being an effective organization. Show us you can do the right thing.
