前共和党众议员史蒂夫·拜尔周一因内幕交易指控被捕。
根据诉状,自2011年离开国会以来一直从事咨询工作的买家“盗用了他作为顾问了解到的重要非公开信息,并使用了这些信息”...以自己的名义和他人的名义将有收益的证券交易及时存入经纪账户
起诉书称,2018年3月,买方与他的咨询客户之一T-Mobile的一名高管一起参加了一场高尔夫球赛,从他那里他了解到该公司当时非公开的收购Sprint的计划。根据诉状,买方第二天开始购买Sprint securities,在2018年4月合并的消息泄露后,买方立即获利超过107,000美元。
诉状称,总体而言,买方在2018年和2019年基于非公开信息的欺诈性交易活动导致至少349,846.61美元的利润。
买家在印第安纳州被捕,预计他将于周一晚些时候在联邦法院首次出庭。
他的被捕是几个联邦机构联合调查的结果,包括司法部和证券交易委员会。
美国检察官达米恩·威廉姆斯(Damien Williams)在宣布对买家的指控时表示,“每当有人在公共权力机构中担任职务时,这总是令人不安的,”他在宣布对买家的指控时,还提到了其他一些内幕交易案件。他对相关人员的信息是:“别说了,因为我们在看。”
威廉姆斯表示,打击内幕交易是他承诺“毫不留情地根除金融市场犯罪”的后续行动
“我们绝不容忍,绝不容忍我们市场中的欺诈行为,”证交会执行部主任古尔比尔·s·格雷瓦尔(Gurbir S. Grewal)说。
1992年首次从印第安纳州当选为众议院议员的买家在2010年宣布,由于道德问题,他不会寻求连任涉及筹款。
尚不清楚买家被捕后谁代表他。
Former GOP congressman arrested on insider trading charges
Former GOP Rep. Steve Buyer was arrested Monday on insider trading charges.
According to the complaint, Buyer, who has done consulting work since leaving Congress in 2011, "misappropriated material non-public information that he learned as a consultant and used [it] ... to place timely, profitable securities trades in brokerage accounts in his own name and the names of others."
In March 2018, Buyer attended a golf outing with an executive of T-Mobile, one of his consulting clients, from whom he learned about the company's then-nonpublic plan to acquire Sprint, the complaint said. Buyer began purchasing Sprint securities the next day, and, after news of the merger leaked in April 2018, Buyer saw an immediate profit of more than $107,000, according to the complaint.
In total, Buyer's fraudulent trading activity based on nonpublic information in 2018 and 2019 resulted in profits of at least $349,846.61, the complaint said.
Buyer was arrested in Indiana where he was expected to make an initial appearance in federal court later Monday.
His arrest was the result of a joint investigation by several federal agencies including the Justice Department and Securities and Exchange Commission.
"It's always troubling whenever there's someone who has had a position in public authority to be engaging in this conduct," U.S. Attorney Damien Williams said in announcing the charges against Buyer, which he did in conjunction with a number of other insider trading cases. His message to those involved: "Cut it out, because we're watching."
Williams said the crackdown on insider trading represents a follow-through on his pledge to be "relentless in rooting out crime in our financial markets."
"We have zero tolerance, zero tolerance for cheating in our markets," said Gurbir S. Grewal, director of the SEC Enforcement Division.
Buyer, who was first elected to the House from Indiana in 1992, announced in 2010 he would not seek another term amid ethical questions involving fundraising.
It wasn't immediately clear who was representing Buyer following his arrest.