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Lawsuit charges that half of Chicago futures are illegal 'wash' trades

IMG Auteur

Chris Powell

GATA

Published : July 25th, 2014

47 words - Reading time : less than a minute

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	Jim Sinclair calls attention to a report by Pam Martens of Wall Street on Parade about a lawsuit charging that half of all futures trades on the Chicago Mercantile Exchange are illegal "wash" trades, trades in which the buyer and seller are essentially the same party: http://wallstreetonparade.com/2014/07/lawsuit...f-futures-tr...

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Chris Powell 13 abonnés

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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