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Comment for Proposed Rule 76 FR 4752

  • From: Douglas Bryan Herr
    Organization(s):
    Bobst Group, North America

    Comment No: 28437
    Date: 2/24/2011

    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.

    Do the right thing...

    FIX THE PROBLEM WITH NO MORE THAN 1,500 CONTRACTS IN SILVER!

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