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Comment for Proposed Rule 76 FR 4752

  • From: Edward R Moyer
    Organization(s):

    Comment No: 30831
    Date: 3/1/2011

    Comment Text:

    To Whom it May Concern,


    Regarding fair and appropriate position limits in silver:

    It is my view that such position limits should not exceed 1,500 contracts or 7.5M ounces. The currently proposed limit of over 5,000 contracts will not solve the problem of manipulation in silver! A 1,500 contract limit is the correct amount and still exceeds any other current concentration in physical commodities traded on the COMEX.

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