By Chris Peterson
Sept. 25 (Bloomberg) -- The U.S. Commodities Futures Trading Commission is investigating the silver industry for any signs of market manipulation, the Wall Street Journal reported, citing the regulator.
Investors have complained that a small number of banks are in control of short positions on silver on the Comex division of the New York Mercantile Exchange; the CFTC doesn't believe there is systematic manipulation although it is investigating as a matter of policy, the Journal said.
Thursday, September 25, 2008
U.S. CFTC Checking Silver Market for Manipulation, WSJ Says
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment