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US congressman Chris Collins ends re-election bid after insider-trading indictment

SBS Sunday, 12 August 2018 ()
A US congressman won't stand for re-election after being charged with orchestrating an insider trading scam involving a small Australian biotech firm.
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Source: CBSN - < > Embed
News video: Congressman Chris Collins vows to fight insider-trading charges, will remain on ballot

▶ Congressman Chris Collins vows to fight insider-trading charges, will remain on ballot 06:43

Republican U.S. Rep. Chris Collins of New York has pleaded not guilty to charges of insider trading. Collins sat on the board of directors for an Australian biotechnology company and allegedly tipped off family members using inside information. CBS News correspondent Tony Dokoupil joined CBSN from...

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