Friday, October 16, 2020

Warren asks watchdogs to probe private White House coronavirus briefings for insider trading | TheHill

Sen. Elizabeth Warren (D-Mass.) has asked the two U.S. financial market regulators to investigate whether the Trump administration’s private February warnings to a conservative think tank about the potential economic harm of the coronavirus pandemic spurred insider trading. In a Thursday letter to Securities and Exchange Commission (SEC) Chairman Jay Clayton and Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert, Warren asked the agencies to probe if administration officials privately shared information that was later used to preempt the March financial meltdown during late February briefings with the Hoover Institution.....
https://thehill.com/policy/finance/521280-warren-asks-watchdogs-to-probe-private-white-house-coronavirus-briefings-for

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