Rep. Ritchie Torres calls for probe into futures trades placed ahead March pause on Iran hostilities

Torres told regulators that oil and energy futures trading ahead of President Trump’s March announcement pausing attacks on Iran raises insider trading concerns. The trading occurred shortly before the public pause, suggesting possible use of nonpublic information in oil/energy futures and prompting regulatory scrutiny and potential enforcement action.

Analysis

Torres told regulators that oil and energy futures trading ahead of President Trump’s March announcement pausing attacks on Iran raises insider trading concerns. The trading occurred shortly before the public pause, suggesting possible use of nonpublic information in oil/energy futures and prompting regulatory scrutiny and potential enforcement action.