Lawmaker Urges SEC to Probe ‘Suspicious’ Trading Amid Iran War

A U.S. lawmaker called for SEC intervention on Wednesday, citing suspicious trading in oil and equity futures just before President Trump abruptly canceled planned Iran strikes last month. The request targets unusual market activity that preceded the postponed military action, suggesting potential insider knowledge or coordinated trades tied to geopolitical developments. No specific firms or individuals were named, but the focus remains on futures markets—highly sensitive to Middle East conflicts—where volatility often precedes major policy shifts. The lawmaker’s push reflects growing scrutiny of pre-event trading patterns, which regulators increasingly monitor for signs of illicit advantage or non-public information exploitation. If probed, the case could test SEC enforcement in geopolitically triggered market anomalies, setting precedents for how agencies address war-related financial irregularities.