Wall Street’s top regulators should investigate unusual trading activity in oil and equity futures markets shortly before President Donald Trump postponed military strikes against Iran last month, a lawmaker said Wednesday.
“There’s something suspicious about the sheer speed, scale and structure of the trade,” Representative Ritchie Torres said in an interview after sending a letter to the heads of the Securities and Exchange Commission and the Commodity Futures Trading Commission. “The facts are so glaringly obvious neither the SEC nor the CFTC can afford to ignore them.”
The New York Democrat called on the regulators to open a formal ...
