Prof. Painter Quoted in Washington Post on Leaks of Market-Sensitive Information from Congress
Professor Richard Painter was quoted in a Washington Post article on leaks of market-sensitive information by Congressional staffers to hedge funds and other investors. Painter observed that these leaks contradict federal rules imposed on publicly traded companies. "In the corporate world, if you tell one analyst or one investor, you have to tell everybody," Painter said. "There's no reason the same restrictions shouldn't apply to government officials."