Are insiders profiting from the Iran war?
Oil and financial markets have been swinging wildly with every social media post from Donald Trump. But a pattern of large, well-timed trades placed on commodity and prediction markets just minutes before major Iran war announcements has emerged. It’s raising concerns that some investors could be acting on inside information. Today, Andrew Verstein an expert on insider trading and law professor at UCLA on the money changing hands. Featured: Andrew Verstein, Professor of Law, and Faculty Co-Director of the Lowell Milken Institute for Business Law and Policy at UCLA.
ABC News Daily · Australian Broadcasting Corporation
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Show Notes
Oil and financial markets have been swinging wildly with every social media post from Donald Trump.
But a pattern of large, well-timed trades placed on commodity and prediction markets just minutes before major Iran war announcements has emerged.
It’s raising concerns that some investors could be acting on inside information.
Today, Andrew Verstein an expert on insider trading and law professor at UCLA on the money changing hands.
Featured:
Andrew Verstein, Professor of Law, and Faculty Co-Director of the Lowell Milken Institute for Business Law and Policy at UCLA.