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Rep. Liccardo Calls for Investigation into Possible Insider Trading

4/18/2026

Summary

Story summary

Rep. Sam Liccardo (D-CA) urged financial regulators to investigate potential illegal oil trades preceding U.S. President Donald Trump’s Iran war announcements.
He cited large trades in crude oil and S&P 500 E-mini Futures as possible insider-trading indicators.
Liccardo sent a letter to SEC Chair Paul Atkins and CFTC Chair Michael Selig detailing concerns and seeking responses about ongoing investigations.
He urged measures to prevent insider trading among government officials.

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Story summary

Rep. Sam Liccardo (D-CA) urged financial regulators to investigate potential illegal oil trades preceding U.S. President Donald Trump’s Iran war announcements.
He cited large trades in crude oil and S&P 500 E-mini Futures as possible insider-trading indicators.
Liccardo sent a letter to SEC Chair Paul Atkins and CFTC Chair Michael Selig detailing concerns and seeking responses about ongoing investigations.
He urged measures to prevent insider trading among government officials.