PROVIDENCE, RI (AP) – U.S. Senator from Rhode Island Sheldon Whitehouse missed a deadline to disclose two stock trades by two days, which his office attributed to a personnel change.
WPRI-TV reports that Whitehouse filed a report Wednesday saying he bought between $15,001 and $50,000 worth of Target and Tesla stock on Jan. 28. Members of Congress must disclose stock deals and various other financial transactions within 45 days, making Whitehouse two days late in disclosing January’s stock purchases.
Whitehouse’s spokesman said Saturday’s missed deadline was due to a personnel change and the senator does not trade stocks himself, nor is he consulted by the account manager regarding the trade.
According to the financial disclosure rules for the US Senate Ethics Committee, there are penalties if the report is filed more than 30 days after the due date, so the Democratic senator should not face a fine.
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