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CFTC's Chilton raises alarm about silver market manipulation
Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 10/27/2010 7:42:55 AM

By: Market Manipulation Alert

http://www.bloomberg.com/news/2010-10-26/silver-market-faced-fraudulent-efforts-to-control-price-chilton-says.html

http://www.reuters.com/article/idUSWALQLE6QE20101026

http://online.wsj.com/article/SB10001424052702303341904575576203310056046.html


Anonymous
Posted: Saturday, August 13, 2011

Posted: 10/27/2010 7:47:37 AM

By: Cont.

Statement at the CFTC Public Meeting on Anti-Manipulation and Disruptive Trading Practices

Commissioner Bart Chilton

October 26, 2010

"I believe that there have been repeated attempts to influence prices in the silver markets. There have been fraudulent efforts to persuade and deviously control that price. Based on what I have been told by members of the public, and reviewed in publicly available documents, I believe violations to the Commodity Exchange Act (CEA) have taken place in silver markets and that any such violation of the law in this regard should be prosecuted."

http://www.cftc.gov/PressRoom/SpeechesTestimony/chiltonstatement102610.html


 

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