Wednesday, September 28, 2022 8:01:59 AM
Nearly a dozen financial institutions agreed to pay more than $1.8 billion collectively for failing to properly collect employees' text messages for their records, the Securities and Exchange Commission and Commodity Futures Trading Commission announced Tuesday.
Another example of the fines the riggers are willing to pay for the crimes they commit in the supression and rigging of precious metals prices.
They could easily keep and preserve these text messages. However if they did the messages would be highly incriminating. Once again nobody goes to jail. This is at least the 5th time they have been successfully sued, lost and only pay pathetically small fines. The other 10 or more times the judges are so in the pockets of these institutions that they simply get off scott free. Meanwhile they have purloined tens of billions of dollars out of the pockets of unsuspecting speculators in the precious metals exchanges ie ETFs such as (GLD and SLV). Their highly skilled and well paid lawyers write the prospectus' in such a way that protects all their interests via an array of confusing escape clauses and leave many areas intentionally ambiguous allowing co-opted judges to side with them.
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