U.S. Lawmaker Urges SEC Investigation into Pre-Iran Strike Market Activity
A U.S. lawmaker has called for an investigation into unusual trading activities in the oil and stock futures markets prior to U.S. President Donald Trump's decision to delay a military strike on Iran last month. According to BlockBeats, Representative Ritchie Torres expressed concerns over the suspicious nature of the trading, citing the speed, scale, and structure of the transactions. Torres, a Democrat, emphasized the need for the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to take action. He urged these regulatory bodies to conduct a formal investigation into the trading activities that occurred just minutes before Trump's March 23 post, and to obtain the trading records associated with these accounts.
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