#legal #ElonMusk #SEC #politics
'A federal judge on Friday declined to quickly approve the [SEC]'s $1.5 million settlement with Elon Musk over his purchase of Twitter, saying she wants more information about whether the accord is fair and how it was reached.'
https://www.aol.com/articles/judge-won-t-rubber-stamp-230901000.html
Reuters: Judge won’t rubber-stamp Elon Musk’s $1.5M settlement with SEC over Twitter disclosures. “A federal judge on Friday declined to quickly approve the Securities and Exchange Commission’s $1.5 million settlement with Elon Musk over his purchase of Twitter, saying she wants more information about whether the accord is fair and how it was reached.”
https://rbfirehose.com/2026/05/09/reuters-judge-wont-rubber-stamp-elon-musks-1-5m-settlement-with-sec-over-twitter-disclosures/
Reuters: Judge won’t rubber-stamp Elon Musk’s $1.5M settlement with SEC over Twitter disclosures. “A federal judge on Friday declined to quickly approve the Securities and Exchange Commission…
OUA football award-winner Jackson Mackay transfers to Arkansas Razorbacks
On April 17, nearly $2 billion in Brent, WTI, gasoil & #gasoline #futures were sold at 1224-1225 GMT, MINUTES before Iranian Foreign Minister Abbas Araqchi said #Hormuz would reopen, followed by multiple social media posts by #Trump & #US officials. On April 21, some $830 million worth of Brent & WTI contracts were sold just 15 minutes before Trump extended the ceasefire.
#MarketManipulation #corruption #government #CFTC #SEC #law #TrumpsWar #IranWar #Iran #war #oil
…However, a further analysis of #trading data across exchanges & contracts showed traders executed similar bets at exactly the same dates & times for European #diesel & #US #gasoline #futures as well as longer-dated contracts for Brent & WTI, bringing the total to around $7 billion, based on Reuters calculations.
#Trump #MarketManipulation #corruption #securities #finance #economy #government #CFTC #SEC #law #TrumpsWar #IranWar #US #Iran #war #oil
Reuters & other media reported those trades on the most actively traded front-month contracts for the 2 global crude benchmarks, Brent & West Texas Intermediate . The value of those bets on those 4 days in March & April stood at around $2.6 billion, acc/to Reuters initial calculations.
The #DOJ & #CFTC did not immediately respond to requests for comment.
#Trump #MarketManipulation #corruption #securities #finance #economy #government #SEC #law #TrumpsWar #IranWar #US #Iran #war #oil
The same pattern repeated on April 7, before #Trump announced a ceasefire with #Iran that triggered a fall of as much as 15% in benchmark ICE Brent #futures. It happened again on April 17, when Iranian officials & Trump spoke about reopening the #StraitOfHormuz, & then again on April 21, when Trump extended the ceasefire.
#MarketManipulation #corruption #securities #finance #economy #government #CFTC #SEC #law #TrumpsWar #IranWar #US #Iran #war #geopolitics #NationalSecurity #oil
The well-timed trades have triggered calls from #legal experts & lawmakers for regulators to investigate whether they were based on inside information or leaks.
Traders first spotted unusual trades on March 23. The trades were executed MINUTES before #Trump announced a delay to threatened attacks on Iranian power infrastructure, triggering an #oil price fall.
#MarketManipulation #corruption #securities #finance #economy #government #CFTC #SEC #law #TrumpsWar #IranWar #US #Iran #war
Reuters could not establish who placed the bets & whether they originated in the #US or elsewhere. They included short positions, or bets that prices would fall, for derivatives including #ICE, #CME crude, #diesel & #gasoline #futures.
The bets took place on 2 major exchanges that host benchmark global #oil & #fuel futures #trade: the Intercontinental Exchange (ICE) & Chicago Mercantile Exchange (CME).
#Trump #MarketManipulation #securities #finance #economy #CFTC #SEC #law #TrumpsWar #IranWar
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