Sen. David Perdue Says His Perfectly Timed Stock Trades Are Completely Innocent

[SWBTATTReg]

6. Spouses AND any of their family OR friends, I've heard of some reps calling old friends, and...

of course immediate family members, etc. to participate in such nefarious activities in either buying and/or selling stocks. I know that the SEC really frowns on such activities being that they are a proponent of really preventing insider information from being leaked and/or used in underhanded ways to give others not privy to such classified information a heads up. Otherwise, the integrity of the marketplace is undermined and people will lose faith in how stocks are priced, etc.

I guess when it comes to money, lots of money and not having to work so hard for it as we all do in the 'real world', there are those that chose to do the wrong thing. It's a shame that we don't have such a process in place that could weed out such types before such information is doled out (market conditions, other secret events such as approving a drug, etc.).