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House Panel Argues Immunity from Insider Trading Probe

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The House Ways and Means Committee has argued, in response to a lawsuit from the Securities and Exchange Commission, that it does not have to turn documents over to the regulator relating to an insider trading investigation that could be linked to a congressional staffer, said Bloomberg. The committee had been ordered by a federal judge to comply with the SEC's request for documents, phone records and testimony of aide Brian Sutter for more than a year.

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