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Comment for Proposed Rule 76 FR 4752

  • From: Aaron Hobensack
    Organization(s):

    Comment No: 29299
    Date: 2/25/2011

    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 the silver market! 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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