As I recall, Collins was a legal “insider”
Serving as an independent director of Innate(?) Biotech...in that role (not as a congressman) he was tipped of by the CEO on a clinical trial failure...the textbook definition of “material non-public information” before the company disclosed that info to the market. He then shared that non-public information with his son who traded on it...textbook insider trading, that really had nothing to do with his roll in Congress.
Much different than trading a basket (or your outsourced advisors trading) a basket of stock based on the threat of a growing global pandemic. [Post edited by Moneyshot at 04/03/2020 12:58PM]
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In response to this post by Plano Hoo)
Posted: 04/03/2020 at 12:53PM