Sun, Feb 1, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Metals and Minerals, Regulatory more

Regulators examine aluminum warehousing

Posted on 13 August 2013

Federal regulators have begun an investigation into whether some Wall Street banks artificially inflated the cost of aluminum and other metals at the expense of end users and consumers, according to people familiar with the matter.
Commodity Futures Trading Commission enforcement officials sent subpoenas last week to firms responsible for storing and delivering aluminum, including Goldman Sachs Group Inc. and J.P. Morgan Chase & Co., seeking documents related to their commodities operations as far back as January 2010, the people said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39041 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
February 2015
S M T W T F S
« Jan    
1234567
891011121314
15161718192021
22232425262728