CFTC staff told to retract insider trading referral to enforcement division

CFTC staff analyzing oil trades for insider trading were told to retract their referral to the agency's enforcement division. Traders had bet roughly $580 million on contracts predicting oil would fall and the S&P 500 would rise about 15 minutes before President Trump announced his U-turn on striking Iranian power plants. In one case, investors placed roughly $950 million in oil bets shortly before a major Trump announcement on the Iran war.

Detected & updated continuously · Source: Nebula