Cftc silver investigation

CFTC Statement Regarding Enforcement Investigation of the Silver Markets Washington, DC – The Commodity Futures Trading Commission today issued the following statement: “In September of 2008, the Commission announced the existence of an enforcement investigation into the possibility of unlawful acts in silver markets. February 28, 1985—The CFTC ends its silver investigation, alleging that Nelson Bunker Hunt, William Herbert Hunt, and other individuals and firms manipulated and attempted to manipulate silver prices in 1979 and 1980. March 20, 1985—Volume Investors, Inc., a clearing member at COMEX, defaults on a margin call on options on gold futures. The default affects the funds of 100 customers, mostly local traders, and causes the Commission to consider numerous changes to its rules.

Mar 3, 2013 extended, scholarly analysis of the CFTC's new anti-manipulation rules. We consider presented analyses on the prices in silver futures for distant prosecution is successful, the investigation and effort necessary to bring a  Most law firms marketing themselves to CFTC whistleblowers lack a background in this area or general financial fraud, and have rarely – if ever – investigated or  contract market pursuant to the Commodity Exchange Act, as amended, and as such is regulated by the U.S. Commodity Futures Trading Commission (CFTC). CFTC Closes Investigation Concerning the Silver Markets Washington, DC – The Commodity Futures Trading Commission (CFTC or Commission) Division of Enforcement has closed the investigation that was publicly confirmed in September 2008 concerning silver markets. The Division of Enforcement is not recommending charges to the Commission in that investigation. In other words, the CFTC started their third silver investigation four years ago as a way of avoiding having to explain how JPMorgan could be allowed to hold a clearly manipulative concentrated short position and then ignored the two greatest manipulative price events in commodity market history while the phony silver investigation was under way. (Kitco News) - The Commodity Futures Trading Commission closed its second investigation into silver futures market manipulation and market participants said they weren’t surprised by the news. The CFTC’s silver investigation is a hot button issue and the FT story, as well as Commissioner Chilton’s response to it, set off an outpouring of emotion and conjecture in the precious metals world. And for good reason, as this is an extremely important issue. There can be no greater concern than whether a market is manipulated in price.

Specifically, the bank's traders allegedly made offers to buy or sell futures in a way that would affect the difference in prices between what sellers of silver futures contracts were asking and

February 28, 1985—The CFTC ends its silver investigation, alleging that Nelson Bunker Hunt, William Herbert Hunt, and other individuals and firms manipulated and attempted to manipulate silver prices in 1979 and 1980. March 20, 1985—Volume Investors, Inc., a clearing member at COMEX, defaults on a margin call on options on gold futures. The default affects the funds of 100 customers, mostly local traders, and causes the Commission to consider numerous changes to its rules. The CFTC Division of Enforcement investigates and prosecutes alleged violations of the Commodity Exchange Act and Commission regulations. The CFTC takes enforcement actions against individuals and firms registered with the Commission, those who are engaged in commodity futures and option trading on designated domestic exchanges, and those who improperly market futures and options contracts. U.S. regulators on Wednesday closed a five-year investigation into alleged manipulation of the silver market, saying 7,000 staff hours of investigation produced no evidence of wrongdoing. Well, that didn’t take long. After Andrew Maguire went public last Friday that the CFTC is holding evidence that JP Morgan manipulated the gold and silver markets, moments ago the CFTC announced it is closing its 5 year investigation into silver market manipulation, and that after 5 years of investigation the CFTC has found: At the end of May, the CFTC’s Bart Chilton informed SD that the CFTC’s 4 year silver investigation would likely be concluded by September. Chilton informed us that the silver investigation would be concluded in the ‘next 2-3 months‘ and that ‘there has been a lot of action in silver markets for the past several months.We have a new individual with lots of experience (former silver

Feb 1, 2020 Silver Podcast | Gold Update | CFTC Position Limits? years of investigating the COMEX silver futures markets from the year 2008 until 2013, 

Feb 5, 2019 silver market manipulation and opening an investigation into gold “Gold and silver are true money, and the CFTC has a responsibility to  According to CFTC.gov, the Commodity Futures Trading Commission (CFTC) has closed its investigation on the silver market after five years. While the CFTC  Sep 25, 2013 Big traders had dismissed the investigation as a waste of time and the charges as a conspiracy theory. The CFTC formally closed the probe six 

Jun 12, 2015 Less than two years ago, the CFTC supposedly investigated manipulation in the silver market, but ended up closing its investigation without 

Apr 5, 2019 That is, Chilton has said the CFTC's long-running investigation of the silver market found evidence of manipulation but not enough to bring  Apr 25, 2019 The US Commodity Futures Trading Commission (CFTC) is investigating whether the company may have violated certain provisions of the  Jun 25, 2019 Merrill Lynch fined by DOJ, CFTC for 'spoofing' in precious metals futures. 2 precious metals traders, in July 2018 related to this investigation. Nov 5, 2019 When the CFTC began investigating Silver Star Live is unclear. The regulator however tracked violations of the Commodity Exchange Act  Dec 16, 2019 The most popular Bitcoin margin trading exchange, BitMex, is reportedly under investigation by the United States Commodities and Futures  Late Friday, reports hit Reuters that the CFTC would soon levy fines for spoofing UBS $15 million of that total in an investigation by the Commodity Futures Trading Commission. BMG Special Report: How to Buy Gold, Silver and Platinum. It has broad investigative powers and can bring civil enforcement actions seeking monetary penalties and other civil remedies through actions in federal court or 

On May 14, 2004 the CFTC released the results of their 1st investigation by Michael Gorham, Director of Market Oversight, saying they have not found any evidence of silver market manipulation. http://www.cpmgroup.com/free_library1/COUNTER-ARGUMENTS_TO_SILVER_CONSPIRACY_THEORIES/CFTC_Silver_Letter_May_2004.pdf

Nov 25, 2015 Regulators around the world investigate allegations that some banks When a recent CFTC silver price manipulation investigation was 

Sep 16, 2019 Treasury, CFTC Refuse To Answer Gold Market Rigging Inquiry Gold And Silver May Be Setting Up For A Big MoveMay 14, 2019In "Financial Markets" the CFTC runs a five-year investigation into silver price manipulation,