The U.S. Securities and Exchange Commission (SEC) announced in October that its investigation into NC GOP Senator Richard Burr and his brother-in-law Gerald Fauth was still underway. Burr sold $1.65 million in stock in “February 2020, just before the outbreak of the Coronavirus pandemic. The court filings by the SEC state "Among other things, the Commission is investigating whether, on February 13, 2020, Senator Burr sold stocks on the basis of material nonpublic information in violation of the federal securities laws." One of these laws in question is the 2012 STOCK Act which prohibits legislators from trading stock based on private information. Senator Burr notably voted against this bill.”

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