A complaint was filed with the US Office of Congressional Ethics last August claiming Suozzi failed for years to timely report stock transactions as required under the Stock Act and House rules.
into whether Hochul misused state aircraft to promote her campaign to keep the executive’s seat.
“Campaign Legal Center respectfully requests that the Office of Congressional Ethics investigate Rep. Thomas Suozzi for a possible violation of the STOCK Act and House rules. From 2017 to 2020, Rep. Suozzi made approximately 300 stock trades with a total value ranging from approximately $3.2 million to $11 million,” the complaint said.
The complaint noted that Suozzi did include the trades in his annual financial disclosure statements, but not the periodic reports.The Postreported that Suozzi was among a number of legislators who flouted the 2012 Stop Trading on Congressional Knowledge Act. “The harm is that this trend could quickly defeat one of the purposes of the STOCK Act, which is real time disclosure of potential conflicts of interest. If members are not held accountable for failing to disclose stock trades, many may simply wait until their annual financial disclosures to reveal stock trades and pay nominal late fees, thereby circumventing the STOCK Act,” the CLC said in the complaint.
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