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Comment for Proposed Rule 76 FR 4752

  • From: Mike Messagie
    Organization(s):
    None

    Comment No: 29812
    Date: 2/25/2011

    Comment Text:

    Dear Chairman Gensler and fellow Commissioners:

    I urge you to approve the staff’s proposal on position limits, including limiting exemptions to bona fide hedgers. Please institute a 1500 contract (7.5 million ounce) position limit for silver.

    Respectfully submitted,

    Mike Messagie

    Please note: There are lawsuits everywhere attacking big banks for manipulating the metal's market. Myself and many others are tired of having our commodities manipulated. Do the right the thing and lower that limit.

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