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

    Rep. Ritchie Torres, a Democrat from New York, sent a letter to the chairs of the Securities and Exchange Commission and the Commodity Futures Trading Commission urging a formal investigation into a spiking wave of oil and equity‑futures trades that occurred just minutes before President Donald Trump announced a five‑day pause on attacks against Iran’s energy infrastructure in March. Torres highlighted that, in the 15‑minute window preceding the announcement, traders executed more than $500 million of crude‑oil futures contracts—an activity he described as “statistically impossible” without insider knowledge. He argued that the timing, scale and lack of hedging indicated the trades were likely the result of insider information rather than normal market behavior.

    The SEC declined to comment while the CFTC did not immediately respond to requests for comment. Reuters reported that a massive surge in futures‑trading volume was observed in the minutes before Trump’s announcement, with the price‑prediction market platform Polymarket also showing abnormal betting activity that anticipated a decline in oil prices and a rebound in equities. In his interview, Torres said the episode could be “one of the largest instances of insider trading in history,” and urged both agencies to coordinate in obtaining comprehensive trading records. He noted a lack of confidence in the regulators’ ability to police such activity, but stressed the necessity of “agitating for accountability” to prevent regulators from turning a blind eye.

    Torres’ call for a probe follows earlier efforts to curb potential insider trading on prediction‑market platforms. Earlier this year he introduced legislation that would bar federal officials, congressional staff and political appointees from buying or selling event contracts on platforms like Polymarket when they possess material nonpublic information. The bill, which has 42 Democratic co‑sponsors, is unlikely to pass in the current Republican‑controlled House but reflects growing bipartisan concern. Recent letters from a group of House Democrats have also questioned the CFTC’s oversight of offshore prediction markets, citing high‑profile cases tied to U.S. government actions in Venezuela and Iran as evidence that existing regulatory frameworks are insufficient to police these fast‑growing markets.

    Read more: undefined

    #ritchietorres #securitiesandexchangecommission #commodityfuturestradingcommission #iran

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

    Rep. Ritchie Torres, a Democrat from New York, sent a letter to the chairs of the Securities and Exchange Commission and the Commodity Futures Trading Commission urging a formal investigation into a spiking wave of oil and equity‑futures trades that occurred just minutes before President Donald Trump announced a five‑day pause on attacks against Iran’s energy infrastructure in March. Torres highlighted that, in the 15‑minute window preceding the announcement, traders executed more than $500 million of crude‑oil futures contracts—an activity he described as “statistically impossible” without insider knowledge. He argued that the timing, scale and lack of hedging indicated the trades were likely the result of insider information rather than normal market behavior.

    The SEC declined to comment while the CFTC did not immediately respond to requests for comment. Reuters reported that a massive surge in futures‑trading volume was observed in the minutes before Trump’s announcement, with the price‑prediction market platform Polymarket also showing abnormal betting activity that anticipated a decline in oil prices and a rebound in equities. In his interview, Torres said the episode could be “one of the largest instances of insider trading in history,” and urged both agencies to coordinate in obtaining comprehensive trading records. He noted a lack of confidence in the regulators’ ability to police such activity, but stressed the necessity of “agitating for accountability” to prevent regulators from turning a blind eye.

    Torres’ call for a probe follows earlier efforts to curb potential insider trading on prediction‑market platforms. Earlier this year he introduced legislation that would bar federal officials, congressional staff and political appointees from buying or selling event contracts on platforms like Polymarket when they possess material nonpublic information. The bill, which has 42 Democratic co‑sponsors, is unlikely to pass in the current Republican‑controlled House but reflects growing bipartisan concern. Recent letters from a group of House Democrats have also questioned the CFTC’s oversight of offshore prediction markets, citing high‑profile cases tied to U.S. government actions in Venezuela and Iran as evidence that existing regulatory frameworks are insufficient to police these fast‑growing markets.

    Read more: undefined

    #ritchietorres #securitiesandexchangecommission #commodityfuturestradingcommission #iran

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

    Rep. Ritchie Torres, a Democrat from New York, sent a letter to the chairs of the Securities and Exchange Commission and the Commodity Futures Trading Commission urging a formal investigation into a spiking wave of oil and equity‑futures trades that occurred just minutes before President Donald Trump announced a five‑day pause on attacks against Iran’s energy infrastructure in March. Torres highlighted that, in the 15‑minute window preceding the announcement, traders executed more than $500 million of crude‑oil futures contracts—an activity he described as “statistically impossible” without insider knowledge. He argued that the timing, scale and lack of hedging indicated the trades were likely the result of insider information rather than normal market behavior.

    The SEC declined to comment while the CFTC did not immediately respond to requests for comment. Reuters reported that a massive surge in futures‑trading volume was observed in the minutes before Trump’s announcement, with the price‑prediction market platform Polymarket also showing abnormal betting activity that anticipated a decline in oil prices and a rebound in equities. In his interview, Torres said the episode could be “one of the largest instances of insider trading in history,” and urged both agencies to coordinate in obtaining comprehensive trading records. He noted a lack of confidence in the regulators’ ability to police such activity, but stressed the necessity of “agitating for accountability” to prevent regulators from turning a blind eye.

    Torres’ call for a probe follows earlier efforts to curb potential insider trading on prediction‑market platforms. Earlier this year he introduced legislation that would bar federal officials, congressional staff and political appointees from buying or selling event contracts on platforms like Polymarket when they possess material nonpublic information. The bill, which has 42 Democratic co‑sponsors, is unlikely to pass in the current Republican‑controlled House but reflects growing bipartisan concern. Recent letters from a group of House Democrats have also questioned the CFTC’s oversight of offshore prediction markets, citing high‑profile cases tied to U.S. government actions in Venezuela and Iran as evidence that existing regulatory frameworks are insufficient to police these fast‑growing markets.

    Read more: undefined

    #ritchietorres #securitiesandexchangecommission #commodityfuturestradingcommission #iran

  4. Kurti a rencontré des membres du Congrès américain et a discuté de l’adhésion du Kosovo à l’OTAN et à l’UE. – Telegraph

    Le plaidoyer en faveur de l’adhésion du Kosovo à l’OTAN et à l’UE, ainsi que l’augmentation des investissements…
    #NATO #OTAN #Europe #Europa #EU #AlbinKurti #JimHimes #LisaMcClain #MondaireJones #ritchietorres #robertaderholt
    europesays.com/2780827/

  5. Lucrative online trades on Maduro ouster spur new bill to ban #Polymarket #insidertrading
    Rep. #RitchieTorres' (D-N.Y.) bill comes in response to huge profits some traders on Polymarket made betting on Maduro's ouster shortly before Venezuelan president was extradited to the U.S.
    While such insider trading in capital markets is already illegal and often prosecuted by Justice Department and Securities & Exchange Commission, online prediction markets are far less regulated.
    axios.com/2026/01/05/venezuela

  6. Lucrative online trades on Maduro ouster spur new bill to ban #Polymarket #insidertrading
    Rep. #RitchieTorres' (D-N.Y.) bill comes in response to huge profits some traders on Polymarket made betting on Maduro's ouster shortly before Venezuelan president was extradited to the U.S.
    While such insider trading in capital markets is already illegal and often prosecuted by Justice Department and Securities & Exchange Commission, online prediction markets are far less regulated.
    axios.com/2026/01/05/venezuela

  7. Lucrative online trades on Maduro ouster spur new bill to ban
    Rep. ' (D-N.Y.) bill comes in response to huge profits some traders on Polymarket made betting on Maduro's ouster shortly before Venezuelan president was extradited to the U.S.
    While such insider trading in capital markets is already illegal and often prosecuted by Justice Department and Securities & Exchange Commission, online prediction markets are far less regulated.
    axios.com/2026/01/05/venezuela

  8. Lucrative online trades on Maduro ouster spur new bill to ban #Polymarket #insidertrading
    Rep. #RitchieTorres' (D-N.Y.) bill comes in response to huge profits some traders on Polymarket made betting on Maduro's ouster shortly before Venezuelan president was extradited to the U.S.
    While such insider trading in capital markets is already illegal and often prosecuted by Justice Department and Securities & Exchange Commission, online prediction markets are far less regulated.
    axios.com/2026/01/05/venezuela

  9. Lucrative online trades on Maduro ouster spur new bill to ban #Polymarket #insidertrading
    Rep. #RitchieTorres' (D-N.Y.) bill comes in response to huge profits some traders on Polymarket made betting on Maduro's ouster shortly before Venezuelan president was extradited to the U.S.
    While such insider trading in capital markets is already illegal and often prosecuted by Justice Department and Securities & Exchange Commission, online prediction markets are far less regulated.
    axios.com/2026/01/05/venezuela