The Commodity Futures Trading Commission (CFTC) has ordered Gabriel Perez, a former White House teleprompter operator, to surrender $107,539.02 in prediction-market profits after finding he traded on advance access to presidential speeches.
According to the settled administrative order, Perez used his position as a speech insider to gain a trading edge on prediction markets before the content of presidential remarks became public. The CFTC's findings describe a civil regulatory violation rather than a criminal conviction.
As part of the settlement, Perez must also:
- Pay a $65,000 civil monetary penalty
- Cease and desist from further violations
- Accept a three-year trading ban
