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House Panel Is Subpoenaed as Trading Probe Heats Up

This is a discussion on House Panel Is Subpoenaed as Trading Probe Heats Up within the Current Events forums, part of the Tech Support Forum category. Prosecutors are gathering evidence for a grand-jury probe into whether congressional staff helped tip Wall Street traders to a change


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Old 06-19-2014, 07:52 AM   #1
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Prosecutors are gathering evidence for a grand-jury probe into whether congressional staff helped tip Wall Street traders to a change in health-care policy, an indication the long-running investigation has entered a more serious phase.

Public documents show federal law-enforcement officials and the Securities and Exchange Commission are seeking records and other evidence from the HouseWays and Means Committee and a top congressional health-care aide, Brian Sutter, staff director of the committee's health-care subpanel.

The SEC sent subpoenas to the House committee and Mr. Sutter seeking documents and testimony in the matter, according to documents made public by Rep. David Camp (R., Mich.), who is the committee chairman, and Mr. Sutter.

Separately, the Justice Department issued a subpoena to Mr. Sutter to compel him to testify before a federal grand jury at the U.S. District Court for the Southern District of New York, according to Mr. Sutter's public disclosure, which was included in the congressional record per House rules. Committee officials wouldn't say whether Mr. Sutter has testified. A spokesman for the Ways and Means Committee, speaking for Mr. Sutter, declined to comment.
I have thought for years that congressional staff were making money on inside information . .

Issa to subpoena . . well . .Issa! Tedward to set his hair on fire and shut down the Stock Market unless ACA is repealed

House Panel Is Subpoenaed as Trading Probe Heats Up - WSJ
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Old 06-20-2014, 05:23 AM   #2
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