Democratic Rep. Donald Norcross wants to ban members of Congress from trading individual stocks — so much so that he’s co-sponsored a bill aiming to do just that.
But Norcross himself just violated the transparency provisions of the existing Stop Trading on Congressional Knowledge (STOCK) Act, having disclosed a stock sale more than a year past a 45-day federal deadline, according to a NOTUS review of congressional financial documents.
In an email to NOTUS, Norcross acknowledged the stock-trade snafu, which involved up to $50,000 worth of Toronto-Dominion Bank stock shares in a retirement account.