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D'Amato's Stock Deal

NPR Reviewed Jun 30, 2026 ✓ Reviewed by citations.press editors
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A 1993 stock trade made more than $37,000 profit in one day for Senator Alfonse D'Amato.
more than 37000 $ · profit
the report, SEC report
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The report does not accuse D'Amato of any wrongdoing.
the report, SEC report
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The report questions the motive of the brokerage firm in giving D'Amato preferential treatment.
the report, SEC report
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D'Amato says the report is an old story.
D'Amato, Senator
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The profit was first reported in 1994 financial disclosure papers.
1994 · first reported
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NPR's Peter Overby reports on information released this week by the Securities and Exchange Commission. That report said a 1993 stock trade that made more than 37 thousand dollars' profit in one day for New York Senator Alfonse D'Amato broke the rules of the brokerage firm that carried out the transaction. The report does not accuse D'Amato of any wrongdoing, but it questions the motive of the firm in giving him preferential treatment. D'Amato says the report is an old story..the profit was first reported in 1994 financial disclosure papers.

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