Former US Congressman Sentenced to 22 Months for Insider Trading

Former US Congressman Stephen Buyer sentenced to 22 months in prison for insider trading related to mergers.
Buyer made nearly $350,000 from trading ahead of T-Mobile's acquisition of Sprint and Guidehouse's acquisition of Navigant.
Sentencing came Tuesday in New York by Judge Richard Berman.
Buyer must report to prison on November 28. He plans to appeal the ruling.
Ruling comes amid recent proposals to ban stock trading in Congress.

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