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Comment for Proposed Rule 76 FR 4752

  • From: Stephen C Gleckner
    Organization(s):
    None

    Comment No: 28472
    Date: 2/24/2011

    Comment Text:

    Dear Respected Sir;

    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.

    The above comment was not written directly by me BUT I AGREE WITH IT 100%. It is time to do the right thing and put a limit of 1500 contracts in place. The real question is to you have the guts to stand up for what is right.

    Steve Gleckner

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