Skip to Main Content

New York Times Quotes Matthew Sanderson on Senator Burr

March 20, 2020, The New York Times

Senator Richard M. Burr, Republican of North Carolina, said on Friday that he had asked the Senate Ethics Committee to scrutinize sales he made of hundreds of thousands of dollars’ worth of stock just before the coronavirus ravaged the stock market, in an attempt to clear himself of accusations that he traded on nonpublic information.

. .

Matthew T. Sanderson, a lawyer who advises members of Congress and candidates and who is a Republican, said the actions by Mr. Burr at a minimum need to be examined.

“I don’t know whether there is a violation, but it is certainly the type of facts that motivated the passage of the STOCK Act in the first place, and they are certainly the type of facts that warrant an investigation,” Mr. Sanderson said.

Mr. Burr has not disputed that he received confidential information during his briefings or that he directed the trades, Mr. Sanderson said.

Matthew Sanderson is also a Member of the Political Law Group at Caplin & Drysdale.

For the full article, please visit The New York Times’ website.


About Caplin & Drysdale
Celebrating our 55th Anniversary in 2019, Caplin & Drysdale continues to be a leading provider of legal services to corporations, individuals, and nonprofits throughout the United States and around the world. We are also privileged to serve as legal advisors to accounting firms, financial institutions, law firms, and other professional services organizations.

The firm's reputation over the years has earned us the trust and respect of clients, industry peers, and government agencies. Moreover, clients rely on our broad knowledge of the law and our keen insights into their business concerns and personal interests. Our lawyers' strong tactical and problem-solving skills -- combined with substantial experience handling a variety of complex, high stakes, matters in a boutique environment -- make us one the nation's most distinctive law firms.

With offices in New York City and Washington, D.C., Caplin & Drysdale's core practice areas include:
For more information, please visit us at
Washington, DC Office:
One Thomas Circle NW
Suite 1100
Washington, DC 20005
New York, NY Office:
295 Madison Avenue
12th Floor
New York, NY 10017


This communication does not provide legal advice, nor does it create an attorney-client relationship with you or any other reader. If you require legal guidance in any specific situation, you should engage a qualified lawyer for that purpose. Prior results do not guarantee a similar outcome.

Attorney Advertising
It is possible that under the laws, rules, or regulations of certain jurisdictions, this may be construed as an advertisement or solicitation.
© 2022 Caplin & Drysdale, Chartered
All Rights Reserved.

Related Professionals

Related Practice Area(s)