The Hill Ledger

US edition · Congressional trading

Sheri Biggs discloses matched trades in Bank of Nova Scotia

Filings reveal $5.5mn of net selling across both chambers over the past 30 days as unlisted holdings made up most disclosed value.

Sheri Biggs disclosed both a purchase and a sale of $500,000 to $1.0mn in Bank of Nova Scotia on 23 September. The sale was made on 19 August, followed by the purchase on 1 September. Biggs filed the disclosures 35 days and 22 days after the trades.

A total of 22 filers reported $9.1mn of sales against $3.7mn of purchases across 572 trades, resulting in $5.5mn of net selling over the 30-day period. Sales accounted for 71 per cent of trade value, with House members contributing $8.9mn of the total sold.

Holdings without a stock-market listing accounted for $94.9mn across 215 filings, representing 88 per cent of all disclosed value. The largest was disclosed by James C. Justice, who sold over $50.0mn in Greenbrier Hotel Corporation and Affiliates.

Companies in this column: Bank of Nova Scotia.