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Comment for Proposed Rule 76 FR 4752

  • From: Alan Felder
    Organization(s):
    Self

    Comment No: 29272
    Date: 2/25/2011

    Comment Text:

    From a silver investor -

    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, and in fact AIDS AND ABETS THE FRAUDULANT ACTIVITY now rampant in the COMEX! 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.

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