House Panel Subpoenaed In Insider Trading Probe: Report

Law360, Los Angeles (June 18, 2014, 10:09 PM EDT) -- The U.S. House Committee on Ways and Means has been hit with a subpoena as civil and criminal authorities ramp up their investigations into whether government officials passed illegal information on a health care policy change to Wall Street traders, The Wall Street Journal reported Wednesday.

The House has received notices from committee Chairman Dave Camp, R-Mich., and Health Subcommittee Staff Director Brian Sutter, indicating that they got separate administrative subpoenas from the U.S. Department of Justice and the U.S. Securities and Exchange Commission. Camp said...
To view the full article, register now.