In recent months, major financial news outlets have reported highly unusual trading activity in oil and stock index futures occurring minutes before presidential announcements that dramatically moved global markets. These trades involved enormous positions worth hundreds of millions or even billions of dollars, not typical market fluctuations.

When trades of this size occur immediately before statements that cause sharp price swings, it raises serious concerns about:

Possible insider trading
Potential misuse of non‑public government information
Threats to market fairness and investor confidence
The integrity of U.S. financial markets depends on equal access to information and strict enforcement of laws against market manipulation. No individual, regardless of political position or proximity to power, should be able to profit from advance knowledge of market‑moving government announcements.

We, the undersigned, call on the U.S. Securities and Exchange Commission (SEC) to:

Open a formal investigation into the timing and nature of these trades
Determine whether non‑public information was improperly shared
Protect investors and the public by enforcing existing laws against insider trading and market manipulation
This is not a partisan issue. It is a matter of public trust, financial transparency, and the rule of law. Americans deserve to know that our markets are fair, and that no one is profiting from privileged access to government decisions.

We urge the SEC to act swiftly and transparently in reviewing this matter.