Archived Senate Intel chair Burr sold up to $1.6 million in stock before coronavirus market crash (axios.com)
submitted ago by Qdini
Posted by: Qdini
Posting time: 9 months ago on
Last edit time: never edited.
Archived on: 6/18/2020 10:00:00 AM
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43 upvotes, 1 downvotes (98% upvoted it)
Archived Senate Intel chair Burr sold up to $1.6 million in stock before coronavirus market crash (axios.com)
submitted ago by Qdini
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[–] Balthsgirl 0 points 2 points 2 points (+2|-0) ago
Didn't Martha Stewart go to prison for something like this?
[–] pizzaequalspedo 0 points 2 points 2 points (+2|-0) ago
Yes. It’s illegal for you or I to trade on inside info. But it’s 100% legal for Congress to do it.
That’s not hyperbole or fake news. It’s verifiably true.
[–] Balthsgirl ago
It used to be. I thought they closed that loophole a few years ago now. I'll have to recheck to verify.
[–] albeit ago
No, it's not. Congress members haven't been exempt from securities laws since 2012.
https://en.wikipedia.org/wiki/STOCK_Act