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Browse: Home / 2011 / November / 15 / IU legal expert: Insider trading by Congress is illegal, contrary to ’60 Minutes’ report

IU legal expert: Insider trading by Congress is illegal, contrary to ’60 Minutes’ report

By Securities Docket on November 15, 2011, 12:11 pm

But according to an Indiana University Maurer School of Law expert on insider trading, existing laws already prohibit members of Congress from using material nonpublic congressional knowledge to enhance the profit in their personal securities portfolios. “The conventional wisdom that members of Congress are somehow immune from the federal securities laws is simply wrong,” says Donna M. Nagy, C. Ben Dutton Professor of Law.

Read more: IU legal expert: Insider trading by Congress is illegal, contrary to ’60 Minutes’ report — IU News Room

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

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