Ex-White House teleprompter operator ordered to pay $1.7 million over Trump speech trades

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Ex-White House teleprompter operator ordered to pay $1.7 million over Trump speech trades
Photo: Pontus Lundahl/TT

The CFTC regulator ruled on Friday that Perez must repay profits of $107,539 as well as a $65,000 penalty, CNBC reports.

He used the information to make unauthorized trades in commodity futures on a forecasting market platform between December last year and February this year, when he worked in the White House.

He was previously suspended without pay and no longer works for the federal government.

According to the CFTC, a settlement has been reached with Perez. The penalty is significantly reduced due to his “exemplary cooperation” during the investigation.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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