Former congressman convicted of insider trading ...Middle East

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Former congressman convicted of insider trading
Former Rep. Stephen Buyer (R-Ind.) was convicted of insider trading in New York on Friday after the Securities and Exchange Commission (SEC) alleged he used nonpublic information to buy stocks last year.  U.S. Attorney for the Southern District of New York Damian Williams said in a statement that Buyer took advantage of his “privileged position” as a corporate adviser to use his clients’ nonpublic information to commit insider trading on two occasions.  “Buyer’s conviction underscores this Office’s commitment to detect and hold accountable those who break our insider trading laws just to make a buck,” Williams said.  The SEC charged Buyer with insider trading in July as part of a

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