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Comment for Proposed Rule 76 FR 4752

  • From: Joshua Thornton
    Organization(s):
    none

    Comment No: 28287
    Date: 2/23/2011

    Comment Text:


    1,500 contracts or 7.5M ounces are appropriate and fair position limits in silver. Currently, the proposed limit of over 5,000 contracts will definitely not solve the problem of manipulation in silver. The contract limit of 1,500 is the correct amount and is still greater than any other current concentration in physical commodities that are traded on the COMEX. You need to adjust accordingly. Thank you.

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