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Comment for Proposed Rule 76 FR 4752

  • From: Matthew Klosowski
    Organization(s):
    investor

    Comment No: 33649
    Date: 3/28/2011

    Comment Text:

    Please implement effective position limits to help stop the ongoing COMEX market manipulation by the large banks that have recklessly destroyed our free market system. Silver has the largest short concentration of all the commodities and position limits in silver should be implemented immediately. A reasonable limit is no more than 1,500 contracts or 7.5M ounces.

    FOOTNOTE - I know that the Commission is concerned about market "disruptions", either occurring on their own, or causing one. However, to intervene on a Crime-In-Progress does not count.

    Thank-you for your consideration.

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