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A comment on Senator dumped up to $1.6M of stock after reassuring public on Covid-19.

Re:Senator dumped up to $1.6M of stock after reassuring publ... by a3n on Thursday March 19, 2020 @06:00PM (#22632205)
I have submitted an insider trading complaint to the SEC, https://www.sec.gov/tcr

In their list of categories describing the person being reported, Member of Congress is not included.

In their list of categories describing the reporting person, Member of Congress is included.

Huh.

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Re:Senator dumped up to $1.6M of stock after reassuring publ... by dugmartin on Thursday March 19, 2020 @06:10PM (#22632281)
I believe congress is exempt from insider trading laws.

Edit: looks like I was wrong. Thanks for the links.

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Re:Senator dumped up to $1.6M of stock after reassuring publ... by frizkie on Thursday March 19, 2020 @06:13PM (#22632305)
According to the STOCK Act of 2012 [0], members of Congress are not exempt from insider trading laws.

0: https://en.wikipedia.org/wiki/STOCK_Act

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Re:Senator dumped up to $1.6M of stock after reassuring publ... by jjeaff on Friday March 20, 2020 @12:30PM (#22638893)
And check out the only 3 senators that voted against the stock act... that's right, this guy is on of them.
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Re:Senator dumped up to $1.6M of stock after reassuring publ... by a3n on Thursday March 19, 2020 @06:12PM (#22632302)
I don't think so. Most recently there was a congressman from an east coast state convicted of same or at least similar, as I recall. I might recall incorrectly.
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Re:Senator dumped up to $1.6M of stock after reassuring publ... by tanderson92 on Thursday March 19, 2020 @06:40PM (#22632519)
Chris Collins (R-NY).
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Re:Senator dumped up to $1.6M of stock after reassuring publ... by chrisbennet on Thursday March 19, 2020 @07:09PM (#22632747)
They were (exempt) but they passed a law to make it illegal though I believe they watered down. Previous to the law it wasn't illegal for them to do insider trading.
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