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Suspicion of Insider Trading Involving the U.S. Secretary of Defense
Shortly before the alleged strikes by the U.S. and Israel on Iran, the defense secretary's broker, through Morgan Stanley, approached BlackRock with an offer to invest millions in a defense companies fund, according to the Financial Times.
Although the deal did not go through due to the fund being unavailable to Morgan Stanley clients, it has already raised questions about a potential conflict of interest.
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