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US CFTC Fines Former White House Aides $172,000 in Insider Trading Contract Case

Source: www.cftc.gov Event types: Regulation/Compliance
The Commodity Futures Trading Commission (CFTC) announced that Gabriel Perez was ordered to disgorge $107,539.02 in illicit profits and pay a $65,000 civil penalty, totaling approximately $172,000, for utilizing material nonpublic information obtained during his federal government tenure to trade presidential mention-type event contracts on prediction market platforms.

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