Tagged: Nonpublic information

Insider Trading by Members of Congress: An Enforcement Nightmare?

Several members of Congress have been implicated in potential insider trading scandals stemming from stock transactions that occurred at the beginning of COVID-19 crisis before the major stock market decline.  As reported by the press, members of Congress were regularly being briefed on the implications of the spreading virus.  Some of the members were making public statements discounting the significance of the virus. Senators Kelly...