His access to hacked information led to insider stock trading. Arguments in a case of alleged insider trading took place in Boston’s federal court this past week. Russian…
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Senate Bill Could Ban Congressional Stock Trading
A similar bipartisan measure has been introduced in the House. Senator Josh Hawley of Missouri has introduced the Preventing Elected Leaders from Owning Securities and Investments Act which…
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Average 401(k) Down $34,000 This Year
Americans have experienced more than $2 trillion in losses. New economic research has found that the average person’s 401(k) has lost some $34,000 in value since the beginning…
Read MoreFederal Officials Trading Stocks in Companies They Oversee
Stocks frequently traded ahead of agency enforcement. More than 2,600 federal officials either own or have traded stock in companies their agencies oversee, according to a report from…
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Social Security Benefits Up 8.7% in 2023
The highest increase in four decades is in response to inflation. Social Security checks will be 8.7% higher beginning in January, the largest cost of living adjustment benefits…
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House Speaker Says Stock Regulation Bill Coming Soon
Federal legislators could face increased trading limitations under update to STOCK Act. Speaker of the House Nancy Pelosi spoke about plans legislators have to more strenuously penalize those…
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Federal Prosecutors Subpoena Digital World Board Members
Merger with Trump Media faces additional hurdles. Each of the board of directors of Digital World Acquisition Corp has received federal subpoenas for their S-1 filings and documents…
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Treasury Requests Public Feedback for Trade Transparency
Working to build market resiliency for the country and globe. The Department of the Treasury published a request for information (RFI) last week to ask for public feedback…
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Supreme Court Hears SEC Bid to Block Case
CPA objects to SEC penalty. Last week, the Supreme Court agreed to hear the Securities and Exchange Commission’s (SEC) argument to block a challenge to its penalization system.…
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Bill to Block Legislator Stock Trading Introduced
Senator Ben Sasse sees “Ethics Reform Act” as chance to reestablish the public’s trust in Congress. Senator Ben Sasse of Nebraska reintroduced a bill called the Ethics Reform…
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