Economy · insider-trading settlementCFTC settles White House prediction-market trading caseAired August 30, 2026 at 1:08 PM UTCWritten September 7, 2026 at 9:22 PM UTCRead the write-upThis storyTranscript · LOADING0:00Federal regulators have settled what Reuters describes as the first known prediction0:04market insider trading case involving confidential White House speech information.0:08The CFTC says former White House teleprompter operator Gabriel Perez used advance0:13access to President Donald Trump's prepared remarks to place 49 trades on Calci0:17mention markets from December 2025 into early 2026.0:2139 of those trades were winners.0:23Mention contracts pay out based on whether specified words or topics appear in0:27public remarks, so access to an advanced draft can provide a direct trading0:31advantage.0:32Under the settlement, Perez must disgorge $107,539.02, pay0:38a $65,000 civil penalty, and stay off CFTC-registered trading venues for three0:43years.0:44Calci reportedly froze more than $90,000 after its surveillance flagged the pattern0:48and referred the matter to regulators.0:50The settlement is not a litigated court precedent, but it establishes that misuse of0:55confidential government speech information can trigger commodity law enforcement and0:59exclusion from regulated event markets.Explore with HeyDexThe shortThe short ↗