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Comment for Proposed Rule 76 FR 4752

  • From: Tilmer Engebretson
    Organization(s):

    Comment No: 28626
    Date: 2/24/2011

    Comment Text:

    I am an individual investor. We need the CFTC to play an appropriate regulatory role by establishing reasonable position limits in silver. 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.
    This is very important. Thank you.

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