May 5, 2026
Foley Viewpoints
Insider Predicting? CFTC’s First Action — and How We Got Here
On April 23, 2026, the U.S. Commodity Futures Trading Commission (CFTC) announced the filing of its first insider trading enforcement action involving event contracts for the misuse of government information against an active-duty service member in the U.S. Army who allegedly used classified nonpublic information to trade on U.S. operations to capture the former Venezuelan President through “Operation Absolute Resolve.”