Stock owner sits on committee that hears classified information.
Let’s money managers of blind trust in on possible market conditions based on classified information.
Money manager’s research to find alternative sources to permit an independent justification for a sale which leverages the “market conditions.”
Managers sell stock, make killing, and charge fees.
Poor schlubbs who bought lose out.
Press gets wind of sale suspiciously timed to just before the market collapse.
Press interviews Stockholder. Stockholder says very specifically, “I did not sell the stock. I was not informed of the sale until three week later.”
Press does not follow up and ask if they in any fashion communicated the likely market conditions.
Of course, the stockholder was not told of the sale until it was done. Of course they did not personally sell the stock.
The issue is whether they conveyed the insider information.
Innocent until proven guilty, but of course, no one can now ask them what was the exact nature of the classified committee briefing - after all, its classified!
Prosecutor cannot prove what they knew vis-a-vis classified information about upcoming market conditions.
Will they even investigate? Halfheartedly, to make it look good until after the election.
Answer: they must be voted out of office.
My $0.02 (USD)
Or, one committee member told another committee member’s money manager what was happening, and vice versa, so neither of them speak to their own money managers.
It would be hard to prove such an arrangement in a criminal case.
“Stock owner sits on committee that hears classified information.”
Then de-classify the meeting so we can see what info they had that no one else had. Easy-peasy