US: Warner, Schiff probe potential insider trading in government
From cnbc.com
Sens. Mark Warner, D-Va., and Adam Schiff, D-Calif., demanded answers on potential insider trading in government in a letter sent Thursday to the head of the Securities and Exchange Commission and the Department of Defense inspector general. The senators cited public reporting of “large positions in equities and equity-linked derivatives” being built up before major policy announcements, such as decisions related to the Iran war and President Donald Trump’s tariffs agenda. And they suggested those instances indicate “federal officials are disclosing material nonpublic information for financial gain.” “Recent reports ...
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