According to The New York Times, the Securities and Exchange Commission ended its investigation into former Senator Richard Burr, three years after he sold more than $1.6 million in stocks following Covid-19 briefings.
Questions:
- Mr. Burr said that his sales were not due to briefings but what?
- What are ethics experts saying about situations like this one?
- Why is it hard to prosecute or sufficiently investigate cases of alleged insider trading by Congress members?
- What has a recent New York Times investigation shown?
Source:
Kelly, K. S.E.C. Inquiry Into Former Senator’s Stock Sales Is Closed Without Charges. The New York Times, Jan. 6 (Retrievable online at https://www.nytimes.com/2023/01/06/us/politics/burr-sec-inquiry-closed.html)