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Lawsuit charges that half of Chicago futures are illegal 'wash' trades
9:34p ET Thursday, July 24, 2014
Dear Friend of GATA and Gold:
Jim Sinclair calls attention to a report by Pam Martens of Wall Street on Parade about a lawsuit charging that half of all futures trades on the Chicago Mercantile Exchange are illegal "wash" trades, trades in which the buyer and seller are essentially the same party:
http://wallstreetonparade.com/2014/07/lawsuit-stunner-half-of-futures-tr...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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