2,596 Trades in One Term: Inside Senator Perdue’s Stock Portfolio
https://www.nytimes.com/2020/12/02/us/politics/david-perdue-stock-trades.html

I'm not surprised, though I do want to know status of everyone who has demat in his family and anyone related.

LastDino 

I'm not surprised, though I do want to know status of everyone who has demat in his family and anyone related.

What does "demat" mean? Not a sarcastic or insincere question, I just don't know.

I agree with you and @SMCJB that this situation is important, and I hope that it is looked into by the appropriate authorities.

Bob.

bobwest 

What does "demat" mean? Not a sarcastic or insincere question, I just don't know. I agree with you and @SMCJB that this situation is important, and I hope that it is looked into by the appropriate authorities. Bob.

Here is copy paste quote from one of the many brokers site. (name removed, of course)

Quoting 

Demat Account is an account that is used to hold shares and securities in electronic format. The full form of Demat account is a dematerialised account. The purpose of opening a Demat account is to hold shares that have been bought or dematerialised (converted from physical to electronic shares), thus making share trading easy for the users during online trading. In India, depositories such as NSDL and CDSL provide Free Demat account services. Intermediaries, depository participants or stockbrokers—like "insert a random name"—facilitate these services. Each intermediary may have Demat account charges that vary as per volume held in the account, type of subscription, and terms and conditions between a depository and a stockbroker.

Well, now Mario Draghi is Italy's prime minister and he's been BCE's president for years.
His son was a commodity trader at Morgan stanley and now he's a hedge fund manager at LMR Partners.

This is one website where you can read about it, it's in Italian but you can use google translate
https://www.money.it/Figlio-di-Draghi-cambia-lavoro-Morgan-Stanley-hedge-fund