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Senator Warren requests SEC investigation into Navient trading

Published 10/23/2017, 02:40 PM
Updated 10/23/2017, 02:40 PM
© Reuters.  Senator Warren requests SEC investigation into Navient trading

© Reuters. Senator Warren requests SEC investigation into Navient trading

  • Senator Elizabeth Warren asks the SEC to investigate the insider trader accusations against Navient (NASDAQ:NAVI).
  • Warren wrote a letter to the SEC regarding three large trades that happened hours before a congressional committee went public with news that benefitted Navient.
  • The committee revealed the Consumer Financial Protection Bureau, Navient’s foe, was losing access to government-provided information needed to continue the fight.
  • Navient shares are down 0.89%.
  • Previously: Navient plunges after subprime loan lawsuit (update) (Oct. 5)
  • Previously: Bloomberg: AFL-CIO accuses Navient of inside trading (Oct. 10)
  • Now read: 'Safer' Dividend Russell 1000 Dogs See CoreCivic Top Gainer & Chimera Top Yielder For August 2018


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