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The Commodity Futures Trading Commission has told Goldman Sachs (GS), Glencore (GLNCY.PK), Noble...

The Commodity Futures Trading Commission has told Goldman Sachs (GS), Glencore (GLNCY.PK), Noble Group (NOBGF.PK) and other companies that operate aluminum warehouses to retain internal documents and e-mails related to the businesses, the NYT reports. The move could presage a formal inquiry into the operations and comes after the paper reported how the activities of warehouse owners had driven up the price of the metal. It also comes ahead of a Senate hearing today into the commodities operations of major banks such as Goldman Sachs, JPMorgan (JPM) and Morgan Stanley (MS).
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