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Comment for Proposed Rule 76 FR 4752

  • From: MARK BROWN
    Organization(s):
    Private trader

    Comment No: 28338
    Date: 2/23/2011

    Comment Text:

    Dear CFTC,
    I am writing once again to beseech you to act honorable in your responsibility to regulate the precious metals market. I do not understand why after so much deliberation you are unable to see the obvious. A Fifteen hundred(1500) contracts limit is greatly needed restore faith and stability to a totally corrupted market. The very idea of having 5000 as that limit is insane. These markets should function as a beacon of free capitalism and instead with the continued delays and the proposed 5000 contract limit, they are a prime example of how regulator capture is capable of destroying the greatest economy in the world.

    Please, act responsible and do the honorable right thing and enact a 1500 contract limit in the precious metals markets as soon as possible. Otherwise these markets will collapse and you will bare the responsibility for the allowing it to happen.

    Regards,
    Dr. Mark Everett Brown

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