Did #TradingTom just violate federal law a THIRD time?!
You have to admire #TradingTom Malinowski’s commitment to breaking the law.
After already violating the STOCK Act two times this year – and on the heels of an interview during which Malinowski spewed nonsense that his stock trading problems were nothing more than a “technical issue” – Malinowski has belatedly filed more trades.
Business Insider reports that “some of these disclosures are more than two years late” – a blatant violation of the federal STOCK Act.
NRCC Comment: “Violating federal law three times is no ‘technical issue,’ and Tom Malinowski’s attempt to dismiss it as such is proof that he knows his stock trading problem will cost him his seat in 2022.” – NRCC Spokeswoman Samantha Bullock
In case you missed it…
Tom Malinowski finally files late disclosures
By: Dave Levinthal, Warren Rojas, and Camila DeChalus
Business Insider
August 2, 2021
Rep. Tom Malinowski, a Democrat from New Jersey, is facing congressional ethics complaints and a related investigation after Insider in March revealed he failed to disclose dozens of stock trades. Among them: a flurry of pandemic-sensitive stocks in early 2020, as COVID-19 began gripping the US.
Malinowski in July retroactively filed disclosures for trades he made in 2019 and amended several disclosures he made this year.
By law, Malinowski should have disclosed the trades made in 2019 within 45 days of making them. Some of these disclosures are more than two years late.
In July, Malinowski’s chief of staff, Colston Reid, told the New Jersey Globe that the congressman would stop trading stocks until the House Committee on Ethics approved his request to create a blind trust for his assets.
Malinowski had continued to aggressively trade stocks as recently as this spring.