Republican Rep. Diana Harshbarger failed to properly disclose more than 700 stock trades worth as much as $10.9 million in violation of federal transparency law
The STOCK Act holds members of Congress personally responsible for complying with disclosure rules, regardless of whether they make stock trades themselves or use a financial adviser or broker. Kedric Payne, general counsel and senior ethics director for the nonpartisan watchdog group Campaign Legal Center, said the Office of Congressional Ethics "should investigate" whether the lawmaker intentionally hid the trades for months. "This is yet another example of a lawmaker ignoring the STOCK Act by failing to report a large volume of stock trades without consequence," Payne said.
Read the full article here.