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FBI Seizes Sen. Burr’s Cell Phone As Part Of Investigation Into Stock Trades

Chuck Ross  The FBI seized Republican North Carolina Sen. Richard Burr’s cell phone Wednesday night after serving a search warrant as part of an investigation into whether the Republican made illegal stock trades based on insider information about the coronavirus pandemic, a law enforcement official told The Los Angeles Times. The Times reported that FBI agents served…

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Cato: Why is Insider Trading Illegal?

LISTEN TO TLR’S LATEST PODCAST: By Kitty Testa The Cato Institute published an article this week advocating for a lift on all insider trading laws. The author, Thomas A. Firey, used former professional baseball player, Doug DeCinces, as an example of how draconian insider trading rules and associated punishments can be. DeCinces was convicted of…