• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Ankura
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2011 / June / 17 / Dear Congress: Please Stop Robbing Us

Dear Congress: Please Stop Robbing Us

By Securities Docket on June 17, 2011, 11:06 am

Pardon my bluntness, but if these numbers are accurate, then it appears to me that either: (1) Congress is home to some of the savviest stock-picking geniuses in the history of Mankind, or … (2) it’s full of crooks. On her congressional website, Rep. Slaughter quotes law firm partner and former SEC enforcer Thomas Newkirk, who points out: “If a congressman learns that his committee is about to do something that would affect a company, he can go trade on that because he is not obligated to keep that information confidential.” There’s no law against it….

Read more: Dear Congress: Please Stop Robbing Us — fool.com

Posted in Industry, SEC | Tagged Insider Trading, US Congress

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

Ankura

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events