An ethics watchdog is calling for a probe into Congressman Brian Higgins.
The non-partisan Foundation for Accountability and Civic Trust, or FACT, sent a letter to the Office of Congressional Ethics, calling for an investigation into Higgins.
They say he violated federal law and house ethics rules, which require members to disclose financial information to the public.
FACT says Higgins didn’t disclose three stock transactions until an additional 11 months past the federal deadline. Last September, he sold $65,000 worth of stock in Micron, Inc. and Sphere 3D Corp, and bought up to $50,000 of Nvidia stock.
"The financial disclosure law is necessary and clear, and it must be strictly enforced to ensure that members do not use their official position for self-enrichment. This case is especially egregious because not only did Rep. Higgins apparently fail to report his stock trades as required, but he was fully aware of his duty to do so as he is a cosponsor of the financial disclosure law that he himself violated. He has even spoken out about other Members violating this particular law. The hypocrisy in this case is astounding, and the OCE must act immediately to ensure Rep. Higgins is compliant with the most basic ethics requirement by imposing the proper punishment for this violation,” said Kendra Arnold, Executive Director of FACT.
Higgins has admitted to the allegations from FACT, saying “This error is both regrettable and embarrassing. I take full responsibility and will pay any penalty assessed by the House. There was no intent to hide these transactions. I recognized the oversight and disclosed the information on my annual personal disclosure forms filed in August.”