Rep. Ritchie Torres calls for probe into futures trades placed ahead March pause on Iran hostilities, via CNBC
SourceNewsquawk
SectionGlobal News
- 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.
Related Links
via CNBC
The whole workspace, free to try.
Try it free