Trump administration officials have ordered the withdrawal of insider trading investigations involving billions of dollars

Before US President Trump announced Iran related policies, traders invested billions of dollars within 15 minutes betting on a drop in oil prices and a rise in the stock market. Subsequently, oil prices fell by 14% and US and European stock markets rose by 4%. The CFTC discovered abnormal trading patterns and handed them over to law enforcement, but Mel Gunewardena, a senior advisor to Michael Selig, the CFTC chairman appointed by Trump, ordered investigators to withdraw the transfer (source: Bloomberg).