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CFTC Staff Told to Withdraw Insider-Trading Referral on Oil…

By Abdelaziz Fathi

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Source excerpt · FinanceFeeds

A senior adviser to Commodity Futures Trading Commission Chairman Michael Selig instructed agency staff to withdraw an insider-trading referral involving suspicious oil futures transactions placed shortly before President Donald Trump's March 23 announcement on Iran, Bloomberg reported on Tuesday, October 13. According to Bloomberg, analysts in the CFTC's Division of Market Oversight had identifie…