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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:

  1. Mr. Burr said that his sales were not due to briefings but what?
  2. What are ethics experts saying about situations like this one?
  3. Why is it hard to prosecute or sufficiently investigate cases of alleged insider trading by Congress members?
  4. 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)