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Richard Burr may have been convinced to not seek reelection to avoid prosecution. “a 2012 law, the Stop Trading on Congressional Knowledge Act, bars members of
by instagib 2y ago
Richard Burr may have been convinced to not seek reelection to avoid prosecution.
“a 2012 law, the Stop Trading on Congressional Knowledge Act, bars members of Congress and their aides from making investment decisions based on inside information they have access to as part of their Senate work, including both criminal and civil penalties for violations. Legal experts say that determining what information is “nonpublic” can be exceedingly difficult; no one has been successfully prosecuted under the law.”
https://www.marketwatch.com/story/feds-wont-charge-sen-richard-burr-with-insider-trading-01611104898# https://www.marketwatch.com/story/feds-wont-charge-sen-richa...