“Multiple large trades, resulting in billions in profit, occurred shortly before geopolitical events or statements by the president of the United States that moved the markets significantly.”
Two House Democrats on Friday urged federal agencies to investigate possible insider trading by President Donald Trump or members of his administration after a Vanity Fair story detailed several immensely profitable stock market bets that appeared suspiciously timed around Trump’s actions or statements.
“Timing and scale [of the stock bets] raise serious suspicions about whether the traders received material nonpublic information that would affect the S&P and how they received such information.”