Senator Elizabeth Warren is calling for SEC and CFTC investigation into the Trump administration after The New York Times reported that in February the administration was giving the public different information about the coronavirus pandemic than it was giving to private groups.
Commodity Futures Trading Commission Chair Heath Tarbert joins "Squawk Alley" to discuss the moves in the oil futures market.
Gold prices fell over 1% on Tuesday, retreating from a near one-month high hit earlier in the session, as signs of slowdown in coronavirus cases in major epicentres boosted equity markets, drawing away some of the bullion's safe haven appeal.
In 2010, the SEC launched its whistleblower program. It consisted of three key pillars: anti-retaliation protections, employment protections and most importantly, a bounty, in the millions. To date, 66 whistleblowers have received $387M for blowing the whistle on corporate fraud. Meet Ted Siedle, one of the highest paid whistleblowers in program history. In June 2019, Ted got $68M for blowing the whistle on JP Morgan's wrongdoing.
Brian Quintenz of the U.S. Commodity Futures Trading Commission says the expansion of the crypto industry will create new challenges for CFTC as a regulator, but it is ready to meet those challenges.