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Comment for Proposed Rule 76 FR 4752

  • From: Jack D Landry
    Organization(s):
    Private investor.

    Comment No: 28195
    Date: 2/23/2011

    Comment Text:

    Fair and appropriate position limits in silver should be NO MORE than 1,500 contracts or 7.5M ounces. The current proposed limit of over 5,000 contracts WILL NOT SOLVE THE PROBLEM OF MANIPULATION IN SILVER! The 1,500 contract limit is the correct amount and is STILL greater than any other current concentration in physical commodities traded on the COMEX.

    Give the small investor a break. The BIG brokers are mopping the floor with us. Please consider the above. Thank you.

    Jack Landry

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