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A comment on JPMorgan Is Set to Pay $1B in Record Spoofing Penalty. Parent comment

Re:JPMorgan Is Set to Pay $1B in Record Spoofing Penalty by valuearb on Wednesday September 23, 2020 @04:49PM (#24571849)
If your bank runs a trading desk, you have to expect traders to be aggressive.
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Re:JPMorgan Is Set to Pay $1B in Record Spoofing Penalty by dolphin1986 on Wednesday September 23, 2020 @05:17PM (#24572153)
If coordinated contract dumping between bullion banks is just part of being a trader then isn’t that just more proof they should have much higher fines. We know this has been going on since 2011 at JPMorgan but the CFTC didn’t put spoofing rules on the books until recently.
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Re:JPMorgan Is Set to Pay $1B in Record Spoofing Penalty by valuearb on Wednesday September 23, 2020 @06:29PM (#24572885)
Look I was just joking. Your original post is just crazytown.

No one controls the price of previous metals. Other than the US government price support of Gold by not selling its reserves, which would best serve the US economy by dumping into the market.

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