A White House staffer has settled an insider trading investigation.

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A White House staffer has settled an insider trading investigation.

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Former White House teleprompter operator, Gabriel Perez, has reached a settlement in an insider trading probe, agreeing to significant penalties. The Commodity Futures Trading Commission (CFTC) announced in August 2026 that Perez would pay a $65,000 civil monetary penalty and disgorge more than $107,000 in profits obtained from his trading activities. Additionally, the settlement imposes a three-year suspension from trading in any markets regulated by the CFTC.

The investigation centered on allegations that Perez used non-public information gained through his White House position to place bets on political and economic events. These bets were made on prediction markets, which allow individuals to wager on the outcome of future events. The CFTC asserted that Perez’s access to confidential information provided him with an unfair advantage in these markets.

This case highlights the scrutiny placed on government employees’ financial activities, particularly when those activities intersect with their official duties and access to sensitive information. The settlement with the CFTC underscores the regulatory body’s commitment to maintaining market integrity and preventing the misuse of insider information, even in novel trading platforms like prediction markets.

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