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National Mediation Board member Gerald Fauth is pushing back against a U.S. Securities and Exchange Commission subpoena related to an insider trading investigation into his brother-in-law, Sen. Richard Burr, R-N.C., according to newly unsealed court filings.
WASHINGTON (AP) — North Carolina Sen. Richard Burr and his brother-in-law are being...
North Carolina Sen. Richard Burr and his brother-in-law are being investigated by the Securities and Exchange Commission over potential COVID-19 insider trading.
According to the SEC, Sen. Richard Burr of North Carolina, then chairman of the Senate Intelligence Committee, had material nonpublic information about coronavirus impact. He and his brother-in-law dumped stock before the market dropped in March 2020.
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