Tuesday, November 13, 2012

CFTC's Bart Chilton: Yes, PM's are Manipulated

Its frustrating that the investigation continues but at some point it will end and hopefully we get some real action taken. Even if not, just getting the position limits in place would massively degrade a bank's ability to manipulate prices.

And btw, when he refers to a trader he cannot name, you can bet its either JP Morgan or HSBC.

No comments:

Post a Comment