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CFTC Alleges Manipulation of Precious Metals Futures Contracts

The Commodities Futures Trading Commission recently announced a large settlement related to manipulated prices of precious metal. 

The Commodities Futures Trading Commission recently announced over $45 million in settlements with various banks alleged to have manipulated the price of precious metals futures contracts traded on the Commodity Exchange, Inc. (COMEX) through a of a variety of manual “spoofing” techniques.  The conduct allegedly took place between 2008 and 2014 and involved gold, silver, platinum and palladium futures, and potentially others.

If you or someone you know bought or sold precious metals futures contracts, please contact Finkelstein Thompson LLP to discuss your legal rights. You can reach us at contact@finkelsteinthompson.com or give us a call toll-free at 1-877-337-1050.​

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