2
November
Analysis: Silver case hard to prove, despite Hunt Bros
2 November 2010 Reuters
Federal regulators and aggrieved investors face an uphill battle to prove allegations that two of the biggest silver trading firms are manipulating the market, if history is any guide.
On Wednesday, JPMorgan Chase & Co and HSBC Holdings Plc were hit by two complaints from traders accusing the banks of conspiring to drive down silver prices. They claimed that the firms reaped up to hundreds of millions of dollars of illegal profits.
