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CNN Anderson Cooper 360 January 20, 2022 05:36:00

you have to look at what i put out. reporter: i did look at what you put out. how is that not insider trading? what he put out in march of 2020 was his explanation for why he sold off more than $1.6 million in stocks weeks before the pandemic market crash. he claims he made the trades relying solely on public news reports. but the securities exchange commission isn t so sure and in october, publicly released details of an investigation of the senator and his politically connected brother-in-law for insider trading. according to the s.e.c., in early 2020, burr was getting confidential briefings about the severity of the coronavirus in his positions on senate intelligence and health committees. according to a memo from attorneys for the s.e.c., on february 13th, 2020, senator burr possessed material non-public information concerning covid-19 and its potential impact on the u.s. and global economies. when he called his own stock broker at 8:54 a.m. directing ....

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CNN Anderson Cooper 360 January 20, 2022 01:37:00

Confidential briefings about the severity of the coronavirus in his positions on senate intelligence and health committees. according to a memo from attorneys for the s.e.c., on february 13th, 2020, senator burr possessed material non-public information concerning covid-19 and its potential impact on the u.s. and global economies. when he called his own stock broker at 8:54 a.m. directing the sale of $1.65 million in stock. virtually, all the stocks he owned. at 11:32 a.m. that same morning, burr then called his brother-in-law, gerald, a trump appointee to the national mediation board. the two men talked for just 50 seconds. the s.e.c. claims he hung up and immediately called two stock brokers directing the sale of several stocks in his wife s account. though, his lawyer said in a court filing that he had planned his trades days in advance and ....

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