5 acts for August 9: Chris Collins, Canada& Saudi Arabia, primaries, Argentina

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New York GOP Rep. Chris Collins is the latest legislator to be tapped on the shoulder by the long arm of the law, and this time it’s for … drumroll … insider trading. Federal attorneys yesterday charged Collins, his son and another man with 13 counts of defences forgery, cable fraud and false words stemming from an suspect insider trading strategy centered on an Australian pharmaceutical corporation. Collins has called the charges “meritless” and says he will not step down.

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