Case Cover Sheet and Docket regarding an Application for and Order to Show Cause and for an Order Requiring Compliance with Administrative Subpoena in U. S. Securities and Exchange Commission v. Gerald Fauth, of Alexandria, Virginia, at the U. S. District Court for the Southern District of New York. Editor’s Note: In May 2020, New York-based non-profit investigative news service ProPublica reported that Fauth and his brother-in-law, U. S. Senator Richard Burr, had both sold a “significant portion” of their holdings in several publicly-traded companies last February just before the stock market crashed as a result of COVID-19 and that Burr was “under federal investigation over whether he traded on non-public information gathered through his work in the Senate”. Today’s “Show Cause” application was filed under seal and, therefore, OffshoreAlert does not know whether it is connected to the investigation described by ProPublica.
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Government & Politicians Investment Regulatory USAKeywords
Gerald Fauth Richard Burr