By Marc Lichtenfeld Today, Income Expert Marc Lichtenfeld examines the recent insider trading scandal — that’s insider buying or selling — surrounding Senator Richard Burr. He allegedly sold shares in response to insider knowledge about COVID-19’s likely impact on stocks he owned.
The truth is, people with insider knowledge about the market often use that information to enrich themselves through insider buying or selling. But most of the time, if this trading is done legally, there’s actually a way that you can track their behavior.
Me: Can this Congress be any more unlikable?
Sen. Richard Burr: Hold my beer.
If you’re unfamiliar with the “hold …read more