Democrats Seek Insider Trading Probe After ‘Trump Chaos’ Article
- Senators urge agencies to examine well-timed futures wagers
- CME has called claims laid out by Vanity Fair ‘patently false’
The U.S. Capitol in Washington, D.C.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Democratic lawmakers are increasingly demanding that U.S. authorities investigate allegations raised in a recent magazine article that traders might be using non-public government information to reap huge illegal profits, even as the exchange where the transactions purportedly took place called the story “patently false.”
In a Monday letter, 14 Democratic senators urged the heads of the Justice Department, FBI, Commodity Futures Trading Commission and Securities and Exchange Commission to probe “disturbing reports of suspicious trading in our futures and equities markets” described in a Vanity Fair piece. The magazine referred to the transactions as “Trump Chaos Trades.”