At least 182 high-ranking congressional staffers have violated a federal conflict-of-interest law with overdue disclosure of their personal stock trades
By Kimberly Leonard,Warren Rojas,Camila DeChalus
Business Insider
14 hours agoReporters found at least 182 instances in which senior staffers were late disclosing stock trades."A lot of people just ignore the law, and it goes unenforced," one ethics watchdog said.
At least 182 of Capitol Hill's most influential and highest-paid staffers have blown past deadlines to detail and disclose their personal stock trades — violating a federal conflict-of-interest law in the process, an Insider analysis of congressional financial documents reveals.
The staffers' failure to properly disclose the transactions come with a laundry list of excuses and rationalizations. They're also a violation of the Stop Trading on Congressional Knowledge Act, a 2012 law designed to prevent insider trading and defend against financial conflicts among elected officials and their top aides.
Insider's tally includes aides in both the House and the Senate with high-ranking jobs such as chiefs of staff, legislative directors, and communications directors. Also among them are workers known as professional staff members, who serve on congressional committees to advise lawmakers on policy.
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https://www.newsbreak.com/news/2459535472011/at-least-182-high-ranking-congressional-staffers-have-violated-a-federal-conflict-of-interest-law-with-overdue-disclosure-of-their-personal-stock-trades
