Carbon trade in both types of diamonds exists, the two markets act in dramatically different ways. Unlike precious metals such as gold or platinum, gem diamonds do not trade as a commodity: there is a substantial mark-up in the sale of diamonds, and there is not a very active market for resale of diamonds. Industrial diamonds are valued mostly for their hardness and heat conductivity, with the gemological qualities of clarity and color being mostly irrelevant. About 80% of mined diamonds (equal to about 100 million carats or 20 tonnes annually) are unsuitable for use as gemstones are relegated for industrial
Commodity Futures Trading Commission Industry Association in 2004, Sharon Brown-Hruska, acting director of the CFTC, said that 65 of the top 100 hedge funds in 2003 were commodity pools, and 50 out of the 100 largest hedge funds were CTAs in addition to being commodity pools. In 2012, Christopher Ehrman, a SEC veteran was selected to run the new Office of the Whistleblower for the CFTC. In an interview published in "The Wall Street Journal", Mr. Ehrman is quoted: "One is just understanding enforcement. I'm an enforcement guy and I did investigations and brought cases for a number of years. I understand what folks