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15 USC §§§78ff, 78j & 17 CFR §240.10b5-2 make it a federal crime to willfully buy or sell securities on the basis of material nonpublic information misappropriated in breach of a duty of trust or confidence.
Under 15 USC §78u-1, Members of Congress owe a duty arising from a relationship of trust and confidence to the Congress, the U.S. Government, and the citizens of the United States with respect to material, nonpublic information derived from their position as a Members of Congress
Section 4 of the STOCK Act (Pub. L. 112-105) further provides that "Members of Congress ... are not exempt from the insider trading prohibitions arising under the securities laws, including section 10(b) of the Securities Exchange Act of 1934 and Rule 10b–5 thereunder."
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