DETECTOR · P5

Lobby Spike Trade

Industry lobbying spend on the member's committee spiked, and the member then traded a stock in that industry within days.

What this detector measures

Industry lobbying spend on the member's committee spiked, and the member then traded a stock in that industry within days.

What to ask the senator's office

  1. Which specific lobbying clients filed quarterly LDA reports on the bill at issue, and what dollar amount?
  2. Did the senator's committee hold any closed-door briefings with the lobbyists during the spike window?
  3. Was the trade a routine rebalance or a discretionary directional bet?

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