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Insider trading by members of Congress may be difficult to prove
There are two different provisions of law that could apply to the trading activity of senators and congressional staff. Members of Congress and staff could run afoul of either or both of these laws. But proving a violation and convicting them is not likely.
FBI reaches out to Sen. Burr over stock sales tied to virus
The outreach suggests federal law enforcement officials may be looking to determine whether the North Carolina Republican exploited advance information when he dumped as much as $1.7 million in stocks in the days before COVID-19 wreaked havoc on the economy.
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