Subject: File No. SR-Amex-2005-072
From: Fred W Warsco
Affiliation: Investor

January 27, 2006

It is most important that the silver ETF be allowed to come on board. It would give investers an easy way to own silver. Since there are 3 active gold etf's I see no reason to deny this opportunity . It would certainly help to do away with the manipulation in silver that is illegal by sec rules but, that you condone. I personally would be happy to join a class action suit against sec for failure to do their job and enforce rules ANYTIME.