Brazil AG Wants Probe of Possible Insider Trading on US Tariffs
Eduardo Bolsonaro
Photographer: Al Drago/BloombergBrazil’s attorney general is seeking a probe into possible insider trading in the country’s currency markets around the announcement of US tariffs on Brazilian goods.
The request follows local media reports of significant foreign exchange transactions before and after the official tariffs announcement, “suggesting possible use of privileged information (insider trading) by individuals or legal entities,” according to a statement from the Brazilian attorney general’s office.