Power to the people. Due to such a large number of complaints from the public regarding the August takedown where 2 banks controlled 25% of all open interest (on the short side) the CFTC is going to investigate for possiible manipulation. And this time they are using a different division. The enforcement division, which looks at activities in a specific time period as opposed to the oversight division, which performs overall market surveillance. Lets hope they are a bit more thorough than the last time.
WSJ article here:
http://www.wsj.com/article/SB122231175151874367.html
- Forums
- ASX - By Stock
- GOLD
- cftc to investigate recent silver manipulation
cftc to investigate recent silver manipulation
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online