A federal judge on Monday put a key part of an insider trading probe on hold, saying a U.S. Congressional panel need not comply with subpoenas seeking details about possible leaks while it appeals an order enforcing those subpoenas.
Monday’s decision by U.S. District Judge Paul Gardephe in Manhattan provides relief for the House Ways and Means Committee and former healthcare staffer Brian Sutter, who are challenging subpoenas from the U.S. Securities and Exchange Commission.
via Congressional panel wins delay in SEC insider trading probe — Reuters
