Rep. Ritchie Torres calls for probe into futures trades placed ahead March pause on Iran hostilities, via CNBC
Rep.
US VP Vance says Iranians are promising to open Strait of Hormuz and Iranians thought ceasefire included Lebanon, and it just did not; Israelis have offered to check themselves in Lebanon
Bahrain stresses necessity of lasting solution to ensure Iran does not possess a nuclear weapon and halt development and proliferation of ballistic missiles and drones
Rep. Ritchie Torres calls for probe into futures trades placed ahead March pause on Iran hostilities, via CNBC
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 12 TICKS HIGHER AT 111-07+
FCC to vote to bar all Chinese labs from testing US electronics
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Rep. Ritchie Torres, D-N.Y., is calling on the Securities and Exchange Commission and the Commodity Futures Trading Commission to look into trades in the oil and equity futures markets ahead of a pause in hostilities in Iran last month.
- Torres on Wednesday sent a letter — obtained first by CNBC — to the heads of the SEC and CFTC, highlighting a spike in trades immediately ahead of President Donald Trump’s announcement of a five-day pause on attacks in March.
- Torres earlier this year expressed concerns about the appearance of insider trading on prediction markets ahead of the ouster of Venezuelan President Nicolás Maduro.
Ritchie Torres' call for an investigation into futures trades related to the pause in hostilities in Iran raises concerns about potential insider trading. This scrutiny could impact both oil and equity markets as it may provoke regulatory action, affecting investor sentiment and market stability. Watch for market reactions, particularly in commodities and energy sectors, as the investigation unfolds.
Related headlines
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight8 hours ago
- A jet-powered attack drone nearly collided with Ukrainian President Zelensky's airplane on Tuesday, according to FT1 hour ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim4 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer5 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL5 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election5 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"7 hours ago
- Trump admin official says buyback increase of part of ongoing approach, reports Fox Business8 hours ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT7 hours ago
- US FX WRAP: Dollar sees two-way trade, as Yen gains on Bessent remarks4 hours ago
- US trade official says China is ramping up their purchases and that China is on track to fulfill farm purchases ahead of Chinese President Xi's Washington visit, according to SCMP50 min ago
- PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS) Chairman Lee Jae-yong will purchase KRW 1.9trln worth of the Co.’s shares from his mother29 min ago
- [MARKET UPDATE]: Yields rise, supporting the Dollar, weighing on stocks and spot gold after US Treasury announces it will buy a maximum USD 6bln in 10-20yr liquidity support buyback op. on Thursday9 hours ago
- Enbridge (ENB) to buy Tallgrass crude business for USD 2.55bln in cash3 hours ago
- Primer: US PPI due Thursday 10th September at 13:30BST/08:30EDT4 hours ago
- IDF says air intrusion alerts in northern Israel were a false alarm2 hours ago
- Salesforce (CRM) reportedly held talks to buy Listen Labs, an AI customer research platform, for USD 2bln, according to Business Insider5 hours ago
- EIA STEO: World oil demand 102.6mln BPD (prev. 102.7mln BPD), 2027 demand 105mln BPD (prev. 105mln BPD). 8 hours ago
- Japanese Foreign Bond Investment (Sep/05) 111.9B (Prev. -824.0B)27 min ago
- Japanese Stock Investment by Foreigners (Sep/05) 690.0B (Prev. 35.9B)27 min ago
The whole workspace, free to try.
Try it free