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Congresswoman Violates STOCK Act With Over 200 Late Trade Disclosures: Purchases Include Mag7, Healthcare Stocks - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
Benzinga· 2026-01-16 11:41
Rep. Julia Letlow (R-La.) reportedly violated a federal transparency law by failing to disclose her personal stock trades within the required time frame.Lawmaker Missed STOCK Act Trade FilingsLetlow, a third-term Louisiana congresswoman, failed to disclose 224 stock and bond trades within the 45-day reporting window required under the Stop Trading on Congressional Knowledge (STOCK) Act, reported NOTUS on Thursday. Letlow also amended all five of her annual financial disclosures dating back to 2020.The value ...
Congresswoman Violates STOCK Act With Late Trade Disclosures: Purchases Include Bitcoin ETF
Yahoo Finance· 2025-10-08 20:35
Core Points - Members of Congress have violated the STOCK Act in 2025 by failing to disclose their stock transactions in a timely manner, raising concerns about transparency and potential insider trading [1][2][4] Group 1: STOCK Act Violations - Congresswoman Sheri Biggs disclosed multiple transactions dating back to March 2025, which were filed past the reporting deadline [4][8] - The STOCK Act requires members of Congress to disclose transactions within 45 days, with a $200 late fee for the first offense [4][7] Group 2: Specific Transactions - Biggs' transactions included selling stocks of major companies such as Apple Inc, Johnson & Johnson, Microsoft Corporation, and Berkshire Hathaway in March, as well as buying U.S. Treasury notes [5][6] - A notable transaction involved Biggs buying between $100,000 to $250,000 worth of the iShares Bitcoin Trust ETF on July 9, 2025, which was linked to pro-crypto legislation passed shortly after [6][8] Group 3: Public Perception - Delayed disclosures of stock trades by Congress members contribute to public distrust regarding their trading activities [7]