WASHINGTON, April 2 -- Sen. Mark R. Warner issued the following press release:
U.S. Sens. Mark R. Warner (D-VA) and Adam Schiff (D-CA) sounded the alarm on potential violations of federal securities laws related to insider trading following a series of concerning instances in which large financial positions were established shortly before major federal policy decisions with significant market impact were made public. The senators sent a letter to U.S. Securities and Exchange Commission Chair Paul Atkins and U.S. Department of Defense Inspector General Platte Moring demanding answers about the actions their agencies are taking to detect, investigate, and prevent suspicious trades related to the misuse of nonpublic information.
"Public repo...