Navient – Student Loan Corp. Look Out!

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The call has gone out for the U.S. Securities and Exchange Commission to investigate possible insider trading of shares of student loan company Navient Corporation.

Questions:
1. Who has asked the SEC to do this?
2. Why do the Senators suspect this?
3. What are the implications of the details surrounding the trades?

Source:
Nasiripour, S. (2017). Elizabeth Warren Calls for SEC Insider Probe of Navient Trades. Bloomberg.com, Oct. 23 (Retrievable online at https://www.bloomberg.com/news/articles/2017-10-23/elizabeth-warren-joins-call-for-sec-probe-of-navient-trades)