TV News LIES

Tuesday, May 31st

Last update05:20:13 AM GMT

You are here News Congress House panel opposes giving SEC documents for insider trading probe

House panel opposes giving SEC documents for insider trading probe

E-mail Print PDF

SECA U.S. House of Representatives panel said on Friday it should not have to comply with a federal regulator's demand for documents sought for an insider-trading probe involving the staff director of a subcommittee and a lobbyist.

The House Ways and Means Committee argued in a court filing that U.S. District Judge Paul Gardephe in New York should deny the Securities and Exchange Commission's attempt to subpoena documents from the committee and its healthcare subcommittee staff director Brian Sutter.

The SEC went to court June 20 to enforce subpoenas it issued as it sought information related to a probe into whether Sutter leaked material nonpublic information about Medicare reimbursement rates to Mark Hayes, a lobbyist at Greenberg Traurig LLP.

The committee's filing called the SEC subpoena "a remarkable fishing expedition for congressional records." It said the U.S. Constitution shields the panel and Sutter from being compelled to testify or produce documents.

A request for comment from the SEC was not immediately returned.

TVNL Comment: How much more evidence do you need to understand that corporate America OWNS the Congress? .

More...


Most Recent Related Stories...


Dems vow retribution on House LGBT vote

Dems vow retribution for LGBT voteDemocrats are vowing to target House Republicans in tough reelection races who allegedly switched their votes...

Ryan strikes Puerto Rico debt deal with Obama administration

Puerto Rico debt deal reachedSpeaker Paul Ryan has reached a tentative deal with the Treasury Department on a rescue package...

Chaos in House after GOP votes down LGBT measure

congressThe House floor devolved into chaos and shouting on Thursday as a measure to ensure protections...

Senate confirms first openly gay Army secretary

Eric FanningThe Senate on Tuesday evening confirmed the long-delayed nomination of the first openly gay Army secretary.Eric...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!