lol no SEC lawsuit or civil complaint: strait to the indictment and arrest. Goes to show how elites are truly a privileged class. They get to admit "no guilt" and forfeit profits, avoiding prosecution. Have no idea why this was downvoted. I see so many other people who make this argument about privileged elites and always get upvoted. I never have the right opinion on anything.
> no SEC lawsuit or civil complaint
The suspect didn't trade securities. SEC doesn't have jurisdiction. The curiosity–to me as a layman–is that this is being prosecuted by the DoJ versus under the UCMJ.
Then what laws were broken if it is not insider trading?
> what laws were broken
"Van Dyke was indicted on charges that included unlawful use of confidential information for personal gain, theft of nonpublic government information, commodities fraud, and wire fraud."
How does this not apply to Trump and the rest of congress? Billions in market manipulation.
It’s a good question. I don’t know. Unfortunately, my circle is mostly in securities, and thus that is not.
Probably something related to leaking or unauthorized use of classified information.