kingdragonfly: Persons unknown getting rich by knowing what Trump was going to say in 15 minutes beforehand.

Insider trading is trading securities while in possession of material, non‑public information. A law allows the U.S. Securities and Exchange Commission (SEC) to bring civil actions in federal court.

The penalty can be civil penalties up to three times the profit gained or loss avoided from the illegal trade.

For a person who controlled the violator (e.g., a supervisor), penalties can be the greater of $1,000,000 or three times the profit gained or loss avoided.

The Department of Justice (DOJ) can bring criminal charges. Criminal penalties up to 20 years in prison.

Republican administrations, especially under Donald Trump, took actions that reduced, slowed, or reversed certain SEC regulatory and enforcement powers.

New enforcement actions fell to 313, the lowest in a decade. This was a 27% drop from FY 2024. Total monetary settlements fell 45%.

SEC Chairman is Trump appointed Paul S. Atkins. pro‑crypto, deregulatory stance

Paul Atkins has dramatically reshaped SEC enforcement by slowing aggressive actions, closing high‑profile cases, and shifting the agency toward a narrower, more business‑friendly, rule‑based approach. The result is the lowest enforcement activity in a decade and a major pivot away from the Gensler-era “regulation by enforcement.”

Did someone know what Trump was going to say?

Ed Conway analysis, Sky New