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Comment for Proposed Rule 76 FR 4752

  • From: DONALD M Desroches
    Organization(s):
     U.S. Citizen

    Comment No: 28383
    Date: 2/23/2011

    Comment Text:

    I BELIEVE THAT FAIR AND APPROPRIATE POSITION LIMITS IN SILVER SHOULD BE NO MORE THAN 1500 CONTRACTS OR 7.5m OUNCES. THE CURRENT PROPOSED LIMIT OF OVER 5000 CONTRACTS WILL NOT SOLVE THE PROBLEM OF MANIPULATION SILVER! THE 1500 CONTRACT LIMIT IS THE CORRECT AMOUNT AND IS STILL GREATER THAN ANY OTHER CURRENT CONCENTRATION IN PHYSICAL COMMODITIES TRADED ON THE COMEX. LET'S BE FAIR AND REASONABLE ABOUT THIS PROBLEM.

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