Comments on: SEC Staff examines copper ETFs with blinders on http://bettingthebusiness.com/2012/11/20/sec-staff-examines-copper-etfs-with-blinders-on/ Financial risk management for non-financial corporations Tue, 21 May 2013 17:35:34 +0000 hourly 1 http://wordpress.com/ By: Manipulation of Commodities « Truth Farmer http://bettingthebusiness.com/2012/11/20/sec-staff-examines-copper-etfs-with-blinders-on/#comment-326 Mon, 07 Jan 2013 21:26:11 +0000 http://bettingthebusiness.com/?p=1658#comment-326 [...] Public interest groups and academics also criticized the methodology the SEC used to justify its decision. John Parsons, a financial economist and lecturer at MIT, said the SEC failed to consider how the copper market actually works. “Just as the SEC staff did in the Madoff case, it carefully asks the wrong questions and thereby comes to easy answers,” he wrote. [...]

]]> By: NOBULL: SEC Gives Big Banks License to Manipulate Commodities – …most troublingly those for agricultural products — Investor, non users to control inventories | nobull.mikecallicrate.com/news http://bettingthebusiness.com/2012/11/20/sec-staff-examines-copper-etfs-with-blinders-on/#comment-325 Mon, 07 Jan 2013 21:14:04 +0000 http://bettingthebusiness.com/?p=1658#comment-325 [...] Public interest groups and academics also criticized the methodology the SEC used to justify its decision. John Parsons, a financial economist and lecturer at MIT, said the SEC failed to consider how the copper market actually works. “Just as the SEC staff did in the Madoff case, it carefully asks the wrong questions and thereby comes to easy answers,” he wrote. [...]

]]> By: Streetwise Professor » An Alfred E. Newman Take on JPM’s Physical CU ETF http://bettingthebusiness.com/2012/11/20/sec-staff-examines-copper-etfs-with-blinders-on/#comment-290 Wed, 21 Nov 2012 22:01:43 +0000 http://bettingthebusiness.com/?p=1658#comment-290 [...] John Parsons and Antonio Mello at Betting the Business rightly slam the SEC’s evaluation of JP… They are spot on that the SEC’s Division of Risk, Strategy, and Financial Innovation’s analysis was superficial, and quite frankly, silly.  Who knew that there was no connection between copper prices and inventories? [...]

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