Congressional Ethics Complaint Targets New Jersey Democrat for Failing to Disclose More Than 100 Stock Trades Worth Up to $5 Million

Malinowski responded to the initial reports by claiming the reporting failure was nothing more than an “oversight,” an explanation CLC attorneys Kedric Payne and Delany Marsco said was highly unlikely. “Rep. Malinowski repeatedly failed to comply with this requirement for over two years. He describes this omission as an oversight even though he is an experienced investor and former political appointee who has been subject to the STOCK Act for over five years,” they said. According to the CLC complaint, Malinowski traded stocks regularly over the last two years without ever filing a single legally mandated PTR.

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