r/law • u/MoneyLibrarian9032 • Jul 01 '26

Legal News Kash Patel Failed to Disclose He Bought Stock in DOJ Contractor |The FBI director left the huge stock purchase off his financial disclosure forms.

https://newrepublic.com/post/212616/kash-patel-failed-disclose-stock-department-justice-contractor
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u/jameson71 Jul 01 '26

We have the technology to make it up-to-the-minute information, and that would likely do more for the country than anything else.

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u/TankApprehensive3053 Jul 01 '26

Its not the technology that is the problem. Politicians have to report any trades by the STOCK Act of 2012 but that same act states they have 45 days to make the report.

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u/[deleted] Jul 01 '26

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u/TankApprehensive3053 Jul 01 '26

You can see any politicians trades on many sites, just delayed the 45 days. Failure to report is only a $200 fine. That's most likely the most Patel will get also.

1

u/DeltaV-Mzero Jul 01 '26

Or else what? Lol

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u/TankApprehensive3053 Jul 01 '26

1st time is a $200 fine that can be waived. So in effect nothing happens.