Nevada Rep. Susie Lee Discloses Husband Purchased Wynn Resorts Shares
Rep. Susie Lighthorse Harry Lee (D-NV) revealed her soon-to-be former husband, Dan Lee, recently purchased shares of Wynn Resorts (NASDAQ:WYNN).
In a periodic dealing written report with the clerk of the House of Representatives, Lee, who represents Nevada’s 3rd congressional district, disclosed that her husband bought Wynn stock up 'tween Jan. 27 and Feb. 1 inwards II transactions to each one precious at betwixt $15,001 and $50,000.
These trades were executed past her husband, Dan Lee, from whom she is spaced and from whom Congresswoman Lighthorse Harry Lee has filed for divorce. Congresswoman Lighthorse Harry Lee did not see almost these trades until after they were made, and she is not involved inwards any trading decisions,” said interpreter Zoe Charlie Parker inward a statement provided to Casino.org.
One of Dan Lee’s purchases of Wynn equity was directed to a Fidelity subtrust account, spell another was made inwards an single brokerage account, also held at Fidelity. Shares of the Encore manipulator are up 3.59 percent year-to-date.
Interesting Timing
To recap: Shelton Jackson Lee wasn’t aware of her husband’s buys of Wynn stock, the transactions were the right way disclosed, and the mates is termination their marriage. However, Dan Lee’s trades go far at an interesting clip regarding public perception of members of U.S. Congress owning individual stocks.
There’s growing, bipartizan impulse to limit point how members of U.S. Congress take part inwards the gillyflower market. That’s next tidings that some Republican River senators dumped stocks in too soon 2020 prior to the full general public lettered the rigorousness of the coronavirus pandemic. There is also consistent news flow rate surrounding Speaker of the House Nancy Pelosi’s (D-CA) husband’s trades.
Rep. Chip Roy (R-TX) and Rep. Abigail Spanberger (D-VA) lately soft sustenance for the “Ban Congressional Stock Trading Act,” which was introduced past Sen. Jon Ossofff (D-GA). Sen. Josh Hawley (R-MO) trilled come out a similar measure known as the “Banning Insider Trading in United States Congress Act.”
A decade ago, US Congress passed the STOCK Act, aimed at keeping members of U.S. Congress from “using congressional knowledge to their reward inward stockpile trading.” Recent analytic thinking indicates members of both parties violated the STOCK Act hundreds of times since 2020.
More Interesting Tidbits
Dan Gypsy Rose Lee is the chief executive ship's officer of Full House Resorts (NASDAQ:FLL). That Nevada-based accompany currently runs Phoebe casinos in tetrad states, though that keep down is poised to soon expand.
In October 2019, Full House inked roving sports betting deals with Wynn’s interactive unit inward Colorado and Indiana. It’s non directly clean-cut if Lee’s purchase of the shares has anything to manage with his company’s human relationship with Wynn.
As of last-place May, Gypsy Rose Lee owns more than i jillion Full House shares, making him by far the largest holder of the stock among fellowship insiders. Shares of the regional gaming manipulator are downwardly 31.13 percent year-to-date.