The Campaign Legal Center (CLC) alleges that Representative Bobby Scott (D-Virginia-03) may have failed to file periodic reports disclosing up to $60,000 in stock transactions. On Wednesday, the CLC filed a complaint with the House Office of Congressional Ethics (OCE) requesting an investigation into possible violations of the Stop Trading on Congressional Knowledge (STOCK) Act.
“In 2019 and 2020, Rep. Scott appears to have purchased at least four assets with a total value ranging from approximately $4,004 to $60,000 without disclosing the transactions. While Rep. Scott disclosed the ownership of these assets on his annual financial disclosures, he did not file periodic transaction reports (‘PTRs’) for the transactions that resulted in the changes in his stock holdings, as required pursuant to the STOCK Act and House rules. An OCE investigation is necessary to determine whether his failure to file was a violation,” the complaint states.Read More