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Curt Clawson flipped shares in IPO despite U.S. law

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A multimillionaire, first-term Florida congressman flipped shares in a solar company the same day he acquired them in an initial public offering, despite a federal law that generally prohibits members of Congress from participating in IPOs. Republican Rep. Curt Clawson, who gave the tea party’s response to the president’s State of the Union address earlier this year, earned less than $700 profit on the sale of less than $15,000 in shares of SolarEdge Technologies Inc. of Fremont, California, according to…

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