NC Senator Richard Burr Being Investigated for Pandemic Stock Sales

North Carolina Sen. Richard Burr and his brother-in-law are being investigated by the Securities and Exchange Commission for potential insider trading, a case that stems from their abrupt sales of financial holdings during the early days of the coronavirus pandemic, according to recent federal court filings. That fueled accusations that the members of Congress were acting on inside information gained through their official duties to benefit financially, which is illegal under a law known as the STOCK Act.

Author: Mike Jackson