InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,641.60
(
0.83%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.31
(
0.45%
)
Bitcoin
57,387.67
(
-4.61%
)
Post# of 37920
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

jumanji0881

Send PM Follow Ignore
Followers 10
Posts 4908
Boards Moderated 0
Alias Born 01/21/2012

jumanji0881

Re: None

Thursday, 08/11/2022 1:58:41 PM

Thursday, August 11, 2022 1:58:41 PM

Post# of 37920
JPMorgan Precious-Metal Traders Found Guilty Of Spoofing, Had 'Power To Manipulate The Global Price Of Gold'
https://www.zerohedge.com/commodities/jpmorgan-precious-metal-traders-found-guilty-spoofing-had-power-manipulate-global-price

My Comment: Will anything really change? They usually get modest fines and continue with business as usual

Excerpt:
With Wednesday’s verdict, the Justice Department has secured convictions of 10 former traders at Wall Street financial institutions, including JPMorgan, Merrill Lynch & Co., Deutsche Bank AG, The Bank of Nova Scotia, and Morgan Stanley, Assistant Attorney General Kenneth A. Polite Jr. said in a statement.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up