Sunday, July 21, 2013

Just a Reminder: "US regulator approves BlackRock's copper ETF plan" and "Blackrock: ETFs are the true market" (BLK)

Following up on "How Goldman Made $5 Billion By Manipulating Aluminum Inventories (and Copper is Up Next)".
Now is the time we juxtapose to create a compliance officers nightmare:
Feb. 25, 2013:
UPDATE 2-US regulator approves BlackRock's copper ETF plan
* BlackRock could eventually take 121,000 tonnes of copper to back product * BlackRock's copper ETF pool double the size of rival JPMproduct

July 1, 2013
Blackrock: ETFs are the true market

Lobbyists also miffed.