Loeffler turns over documents to SEC and DOJ amid stock-trading controversy

Loeffler turns over documents to SEC and DOJ amid stock-trading controversy
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Sen. Kelly Loeffler has turned over documents to the Justice Department, the Securities and Exchange Commission and the Senate Ethics Committee amid ongoing scrutiny over her stock trades, according to her spokesperson.

In a statement released Thursday, the Georgia Republican’s spokesperson said the documents showed that she and her husband, Jeffrey Sprecher, chairman of the New York Stock Exchange, “acted entirely appropriately and observed both the letter and the spirit of the law.”

“The documents and information demonstrated her and her husband’s lack of involvement in their managed accounts, as well the details of those accounts,” the statement said.

Earlier Thursday, Loeffler repeatedly declined to answer questions about whether the FBI had contacted her about her stock trades as the agency did for Sen. Dianne Feinstein (D-Calif.) in relation to her husband’s transactions.

The latest statement comes amid an intensifying swirl around senators’ individual stock transactions and allegations of insider trading.

It also comes just hours after Senate Intelligence Committee Chairman Richard Burr (R-N.C.) said he would step down from his post atop the powerful panel a day after the FBI served a warrant for his cellphone.

Source: Politico

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