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Comment for Proposed Rule 76 FR 4752

  • From: Rick Solinsky
    Organization(s):

    Comment No: 33858
    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.

    I am so tired of the manipulators having full rein to attack these markets without worry about market regulators prosecuting them. I have pulled all my money out of the markets and until such a time exists where the criminality on wall street is brought under control, it will be a cold day in hell before I invest another penny in our corrupt, insider-trading infested markets.

    Please do your job, and regulate the markets


    Rick Solinsky

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