Addy
Rebuild With Biden!
Maybe this guy has some explaining to do as well.Explains Pelosi's husbands recent $millions in stock purchases
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Former GOP House lawmaker is charged with violating insider trading laws to buy $1.5 million in stock
Buyer's status as a former member of Congress was highlighted by prosecutors as one of the reasons in bringing charges against him.
"When insiders like Buyer – an attorney, a former prosecutor, and a retired Congressman – monetize their access to material, nonpublic information, as alleged in this case, they not only violate the federal securities laws, but also undermine public trust and confidence in the fairness of our markets," Gurbir S. Grewal, director of the SEC Enforcement Division, said in a statement.
Federal investigators want Buyer and his wife, Joni, to be forced to forfeit any proceeds they made on the trades. The SEC wants Buyer to be fined for his actions and to permanently bar him from acting as an officer or director of a publicly traded company.
MSN
www.msn.com