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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: Stephen Maack
    Organization(s):
    Essco Laminates Inc

    Comment No: 21524
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01225
    From:
    Sent:
    To:
    Subject:
    Steve Maack
    Saturday, April 10, 2010 11:21 AM
    Metals Hearing
    Position limits
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals. Please
    establish a speculative position limit in COMEX silver of no more than 1500 contracts. Please
    restrict any hedging exemptions from those limits to legitimate hedgers. Please stop the levels of
    concentration in COMEX silver futures that have been experienced over the past few years on the
    short side of the market.
    Sincerely,
    Stephen Maack
    Gen. Mgr.
    Essco Laminates, Inc.
    1991 Larsen Rd.
    Green Bay, WI. 54303
    Ph. 920-499-6077
    Fax 920-499-6286
    E-mail:
    [email protected]