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Is this technically considered insider trading? It's not like he found out a specific company was about to be acquired or something. He's probably going to argu
by jb775 6y ago
Is this technically considered insider trading? It's not like he found out a specific company was about to be acquired or something. He's probably going to argue it was publicly available information.
- shbooms 6y ago...[Burr claimed] that he "relied solely on public news reports" when making a decision on the trades. quote of him from another article: https://www.newsweek.com/fbi-apple-warrant-richard-burr-icloud-stocks-1503931 https://www.newsweek.com/fbi-apple-warrant-richard-burr-iclo...
- crazygringo 6y agoThere's a specific law on insider trading that applies just to members of Congress. He may still argue that, but just pointing out that there may be legal differences. https://en.wikipedia.org/wiki/STOCK_Act https://en.wikipedia.org/wiki/STOCK_Act