Insider Trading
While a DeLay staffer, Rudy traded hundreds of thousands of shares of stocks from his work computer in 1999 and 2000. From House disclosure forms it is impossible to determine whether Rudy profited or if he used insider knowledge. It is not illegal for Congressional staffers to trade upon insider legislative knowledge, although Louise Slaughter has introduced a bill banning the practice.
Read more about this topic: Tony Rudy
Famous quotes containing the word trading:
“His farm was “grounds,” and not a farm at all;
His house among the local sheds and shanties
Rose like a factor’s at a trading station.”
—Robert Frost (1874–1963)