Democratic Rep. Brian Higgins of New York appears to have violated a conflict-of-interest law he cosponsored

Business Insider

"If not, we're not penalizing these violations in such a way that acts as an actual deterrent. ... Then, we need to figure out a way to restrict members of Congress from trading stock in a way that they have been," Delaney Marsco, a senior legal counsel at the nonpartisan Campaign Legal Center, said. "The reason we have this disclosure is because we have a right to know what members of Congress are trading and when," she said. "And when these disclosures are just delayed for so long, it just defeats the purpose of the law."

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