The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
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Washington DC, Elon Musk, head of the Department of Government Efficiency (DOGE), has turned his attention to a pressing issue: how members of Congress have amassed enormous wealth despite earning base salaries of under $200,000 per year.
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Washington DC, on Wednesday, a bipartisan group of senators reignited efforts to ban members of Congress from trading stocks. “Congress should not be here to make a buck,” said Sen. Josh Hawley, R-Mo., at a Capitol Hill press conference. “There is no reason why members of Congress ought to be profiting off of the information that only they get.”
Continue reading Renewed Effort to Ban Stock Trading by Congress Members Gains Bipartisan Support
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Ridgewood NJ, Coinbase is facing an investigation from the US SEC over whether it allowed users to trade unregistered securities. The SEC started taking a closer look at the exchange after it added over 100 additional tokens to its platform. Coinbase is confident that its diligence process keeps securities off its platform. The investigation is separate from the SEC’s case against Coinbase’s former product manager and two other people for insider trading.
Continue reading Crypto Exchange Coinbase facing an SEC investigation
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Newark NJ, the former corporate secretary and director of corporate law at Apple today admitted engaging in an insider trading scheme that spanned five years, Attorney for the United States Vikas Khanna announced.
Continue reading Apple’s Former Director of Corporate Law Admits Insider Trading
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Newark NJ, the former head of corporate communications for a biopharmaceutical company today admitted her role in an insider trading scheme, U.S. Attorney Philip R. Sellinger announced.
Lauren S. Wood, 33, of Washington, D.C., pleaded guilty before U.S. District Judge John Michael Vazquez to an information charging her with securities fraud. Stemming from the same alleged conduct, Usama Malik, also of Washington, D.C., was previously charged in a three-count indictment with insider trading, securities fraud, and securities fraud conspiracy.
A former chief financial officer of a New Jersey biotechnology company has been indicted for insider trading after allegedly giving his girlfriend nonpublic information about clinical trial results for a new breast cancer drug.
the staff of the Ridgewood blog
Newark NJ, the former chief financial officer for a biopharmaceutical company was indicted today for his role in an insider trading scheme, U.S. Attorney Philip R. Sellinger announced.
Continue reading New Jersey-based Biopharmaceutical Company CFO Indicted For Insider Trading
the staff of the Ridgewood blog
Newark NJ, the former chief financial officer and the former head of corporate communications for a biopharmaceutical company were arrested for their roles in an insider trading scheme, Acting U.S. Attorney Rachael A. Honig announced today.
Continue reading New Jersey-based Biopharmaceutical Executives Arrested for Insider Trading
