[RetiredScientist]

The article that broke this noted that they did this after receiving a confidential briefing. If they had been executives at a company that sat through a confidential briefing that informed them that their profits would plummet and likely be accompanied by a big drop in the stock price and they dumped their stock, the FTC would prosecute them. Seems open and shut to me.

[vetvetdoug]

People are missing the elephant in the room and concentrating on the sale of the stocks. The Senate and House Intelligence committees were briefed about the seriousness of the coming viral outbreak. All of the members of the Senate and House should have put their energies and concern on the coming Wuhan Virus from China if it were so serious. Nothing happened. Were they negligent, incompetent, traitorous, ignorant or distracted from the problem headed our way? It appears to me that our self serving representatives have a larger problem than insider trading and have failed the citizens of the US.