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        <title><![CDATA[Sen. Kelly Loeffler gives feds records related to insider trading claims]]></title>
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            <media:title type="html">Sen. Kelly Loeffler gives feds records related to insider trading claims</media:title>
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        <content:encoded><![CDATA[<p>Sen. Kelly Loeffler gave the feds records related to her stock trades amid questions about sales she made before the coronavirus hammered global markets, according to reports.</p><p>The Georgia Republican forwarded documents to the US Department of Justice, the Securities and Exchange Commission and the Senate Ethics Committee, her office <strong>told media outlets</strong> in a statement Thursday.</p><p>The records establish that Loeffler and her husband — New York Stock Exchange chairman Jeffrey Sprecher — &#8220;acted entirely appropriately and observed both the letter and the spirit of the law,&#8221; her office said. Stock trades Loeffler made after she attended a private coronavirus briefing in January have led to <strong>allegations of insider trading</strong>.</p><p>&#8220;The documents and information demonstrated her and her husband’s lack of involvement in their managed accounts, as well the details of those accounts,&#8221; a Loeffler spokeswoman <strong>told the Atlanta Journal-Constitution</strong>. &#8220;Senator Loeffler has welcomed and responded to any questions from day one.&#8221;</p><p>It&#8217;s not clear whether Loeffler provided the documents proactively or in response to requests from federal authorities. Spokespeople for the senator did not immediately respond to The Post&#8217;s request for comment Friday morning.</p><p>Loeffler sold millions of dollars in stocks from Jan. 24 through Feb. 14, shortly before the growing virus crisis caused a historic market crash. The senator has said she didn&#8217;t direct the trades, and she and Sprecher have since <strong>pledged to liquidate</strong> their individual stock portfolio.</p><figure id="attachment_15667017"  class="wp-caption aligncenter"><strong><noscript><img data- data-src="/uploads/2020/05/kelly-loeffler-48.jpg" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img  data-src="/uploads/2020/05/kelly-loeffler-48.jpg" /></noscript></noscript><img class="lazyload" src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data- data-src="/uploads/2020/05/kelly-loeffler-48.jpg" /></strong><figcaption class="wp-caption-text"><span>Kelly Loeffler</span><span class="credit">REUTERS/Erin Scott</span></figcaption></figure><p>Loeffler revealed she provided the feds documents on the same day that Sen. Richard Burr (R-N.C.) said he would <strong>step down as chairman of the Senate Intelligence Committee</strong> amid an FBI probe of his similarly timed stock transactions. The lawmaker dumped up to $1.7 million in shares on Feb. 13, roughly a week before the markets tumbled.</p><p>The FBI has also <strong>questioned Sen. Dianne Feinstein</strong> (D-Calif.) about stocks her husband sold in late January and February, her office said Thursday. Sen. Jim Inhofe (R-Okla.) also dumped shares in January; he has said he is not involved in his investment decisions.</p>]]></content:encoded>
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