Kaufmann Says Axne’s Failure to Disclose Stock Trades Was “Deliberate and Illegal”
The Iowa Torch reported earlier that the Campaign Legal Center filed an ethics complaint against the Democratic congresswoman from West Des Moines for failing to disclose stock trades on her personal financial disclosure that, they state, is a possible violation of the STOCK Act and House ethics rules. The STOCK (Stop Trading on Congressional Knowledge) Act was passed in an overwhelmingly bipartisan fashion and signed into law by President Barack Obama in 2012. The law prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees.
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