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Rep. Julia Letlow Acknowledges STOCK Act Violation After 224 Trades Reported Late

House rules hold members personally responsible regardless of third-party managers.

Overview

  • Letlow filed a periodic transaction report on Tuesday listing 224 stock and bond trades, 211 of which fell outside the law’s 45-day reporting window.
  • The transactions were reported in ranges totaling roughly $266,000 to $3.5 million, with nearly half dating to 2024.
  • She also amended every annual financial disclosure she has filed, and her office said a Merrill Lynch discretionary account executed the trades without her sign-off.
  • The House Committee on Ethics says members are personally responsible for accurate, timely filings, and no fine or formal inquiry has been announced.
  • The disclosures arrived as House leaders advanced a stock-trading restriction bill and senators introduced a companion ban, adding urgency to reform efforts.