Equifax execs should face jail for alleged insider trading, U.S. senator says – Atlanta Business Chronicle

Sen. Heidi Heitkamp, a Democrat who sits on the Senate Banking Committee, said it was “disturbing” that it appeared executives sold nearly $2 million worth of company stock after the company learned of the breach but before it was made public, the New York Times reported.

“If that happened, somebody needs to go to jail,” Heitkamp said at a credit union industry conference in Washington. “It’s a problem when people can act with impunity with no consequences. How is that not insider trading?”

via Equifax execs should face jail for alleged insider trading, U.S. senator says – Atlanta Business Chronicle