dChan - Q Origins Project Archive

CFTC Announces Postponement of Commitments of Traders Report

Staff of the Commodity Futures Trading Commission (CFTC) (and Gary Gensler used to have this job and did so well and squashing three different metals manipulation investigations he was rewarded by running the SEC now and was CFO of Hillary 2016 and deeply involved in FTX on so many levels) Divisions of Clearing and Risk, Market Participants, Data, and Market Oversight today released the following statement to update the public on reporting delays due to the cyber-related incident at ION Cleared Derivatives (a subsidiary of ION Markets), a third-party service provider of cleared derivatives order management, order execution, trading, and trade processing: “Following the ION cyber-related incident, reporting firms are continuing to experience some issues submitting timely and accurate data to the CFTC. As a result, the weekly Commitments of Traders (CoT) report that normally would have been published on Friday, February 17, will be postponed. “CFTC staff intends to resume publishing the CoT report as early as Friday, February 24, 2023. Staff will begin with the CoT report that was originally scheduled to be published on Friday, February 3, 2023. Thereafter, staff intends to sequentially issue the missed CoT reports in an expedited manner, subject to reporting firms submitting accurate and complete data. Staff anticipates that, pending the timely, accurate and complete submission of backlogged data by reporting firms to the CFTC, these missed CoT reports will be published by mid-March. After that, CoT report publication will resume its usual weekly schedule.”

https://www.cftc.gov/PressRoom/PressReleases/8662-23

Translated: We don't want to show what we are doing in the Precious Metals (PM) markets for a few weeks with our already horribly skewed and non-regulated data-that many are not beleiveing any longer (haven't for over 20 years and not the only one-TF Metals Report does a good job on all this as well) so we're gonna have a "glitch" that allows us to not report the weekly Committment of Traders (COT) Report (you see the same people doing the same thing ftmp) but they now have to extricate themsleves from huge short positions in Ag so in come the "glitches".

Last year the OTC derivatives market-that tracks all reported US OTC derivatives-made a change and took Gold derivatives out of the FOREX bucket (and always been a tacit admission that it was actually money even being in the currency trading bucket)) plus you wouldn't necessarily see that 'leave on it's own' becasue the FOREX markets are close to $6T a day of turnover-and placed them into the Precious Metals bucket (where they really always should have been). This was announced 2 years prior and in front of JP Morgan "settling" it's multi-year manipulation DOJ charges-see yellow highlight is cap#2 and it's on page 43 of this link

https://www.occ.gov/publications-and-resources/publications/quarterly-report-on-bank-trading-and-derivatives-activities/files/pub-derivatives-quarterly-qtr3-2022.pdf

JPMorgan Chase & Co. Agrees To Pay $920 Million in Connection with Schemes to Defraud Precious Metals and U.S. Treasuries Markets

https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and-us

And this deferred prosecution deal stated that JP Moran couldn't use it's Proprietary Accts (house) so they just do it and use it's "customer's accounts" or have places like Royal Bank of Canada, Bank of America-who did not have a metals trading desk prior to 2021 when the lease deal (below) was started-incidentally Warren Buffet also began ditching all of his Bank stocks and loaded up on Bof A equity just before these swaps were done between the Morgue and B of A-the deffered prosecution deal expires on Sept 29th of this year (it was for 3 years but they've already abused it becasue you can still see the same amounts in teh COMEX data but just in it's "customer's accounts". So you've got the COMEX and LBMA vaults (and those #s have always been suspect-what is really in them and how it's managed with the ETFs SLV/GLD and BlackRock product being the biggest ones) at record low levels and now this….nuffin to see here'

Moar info can be found here:

>>>/qrb/136105, >>>/qrb/136107, >>136109>/qrb/ CFTC Orders Glencore to Pay $1.186 Billion for Manipulation and Corruption + Glencore co-founder Marc Rich/James Comey Clinton Foundation and Market Rigger Virtu Financial all connected

>>>/qrb/142460, >>>/qrb/142478 US Mint fuggery: Washington turns his back on "In God We Trust" + US Mint silver and big quality control problems "issues" it's a disgrace it used to be among the finest in the world-it's run by a Human Resources Director now

>>>/qrb/142481 How the US Mint "could" easily solve it's Silver planchete problem-but it would expose the COMEX-CME Group-LMBA-CFTC

>>>/qrb/143789 Credit Suisse Mulls Job Cuts as Losses Mount and background on CS BoD member Blythe Masters/CFTC and US Mint fuggery past posts