A veteran legislator who wrote a law to curtail abusive stock-trading in Congress on Tuesday asked securities regulators to open an investigation into President-elect Donald Trump’s nominee to be secretary of Health and Human Services.
The request to investigate Rep. Tom Price, a Georgia Republican, comes after The Wall Street Journal reported last month that he made trades worth more than $300,000 in stocks of biomedical, pharmaceutical and health insurers while serving on the health subcommittee of the House Ways and Means Committee, sponsoring and advocating legislation that potentially could affect those companies’ stock.
via Lawmaker Asks SEC to Investigate Stock Trades of HHS Nominee Tom Price – WSJ
