Insider Trading

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According to the Washington Post, Stephen Buyer, ex-GOP Congressman from Indiana, is accused of exploiting nonpublic information in his role as a corporate consultant to reap hundreds of thousands of dollars in profits.

Questions:

  1. Which arm of the government charges individuals with insider trading?
  2. During what period did Buyer act on insider trading information?
  3. What stocks did Buyer illegally profit from due to his access to nonpublic information?
  4. In abusing his role as a corporate consultant, how much did Buyer earn in illegal profits?

Source:

Shaban, H. (2022). Stephen Buyer, former GOP congressman, accused of insider trading. The Washington Post, July 25 (Retrievable online at https://www.washingtonpost.com/business/2022/07/25/stephen-buyer-insider-trading-sec/)