CfA Files SEC and Ethics Complaints Against Sen. Robert Corker (R-TN) for Concealing Lucrative Financial Holdings
On March 21, 2016, CfA filed a second complaint with the Securities and Exchange Commission and the Senate Select Committee on Ethics, alleging Sen. Robert Corker (R-TN) concealed information about his stake in several hedge funds – funds managed by his campaign donors – in violation of federal law and Senate rules.
Lawsuit Calls on D.C. Circuit Court to Order SEC to Act on Corporate Disclosure Rulemaking Request
On February 8, 2016, CfA, on behalf of activist investor Stephen Silberstein, petitioned the D.C. Circuit Court of Appeals to order the Securities and Exchange Commission (SEC) to act on Mr. Silberstein’s pending request for an SEC rule that would require corporations to disclose their political contributions and other corporate political spending.
CfA Files FEC Complaint Against Heaney for Congress and NY Jobs Council
On February 3, 2016, CfA filed a complaint with the Federal Election Commission (FEC) requesting an investigation into illegal coordination between the campaign of Andrew Heaney, who is running for Congress in New York’s 19th district, and a super PAC he appears to have established, New York Jobs Council.
CfA Rebukes Anti-Disclosure Riders in Omnibus Bill
On December 16, 2015, congressional leaders unveiled an omnibus spending bill that prohibits the SEC from requiring corporations to disclose their political spending. Congressional negotiators included the provision, known as a “policy rider,” despite overwhelming public support for increased disclosure of campaign contributions.
CfA Calls on DOJ to Investigate Obama Admin Officials for Revolving Door Violations
On December 15, 2015, asked the Department of Justice (DOJ) to investigate three former Obama administration officials, David H. Stevens, Michael D. Berman and Jim Parrott, for possible violations of laws restricting post-employment activities. While working for the government, all three had focused on the future of Fannie Mae and Freddie Mac. After joining the private sector, they continued to work on this issue, now on behalf of some of the country’s largest banks.
Campaign for Accountability Requests SEC and Ethics Investigation of Sen. Robert Corker (R-TN) for Insider Trading
On November 10, 2015, CfA filed a complaint with the Securities and Exchange Commission and the Senate Select Committee on Ethics, alleging Sen. Robert Corker (R-TN) may have engaged in insider trading and made false statements on his personal financial disclosure forms in violation of federal law and Senate rules.
CfA Files Ethics Complaint Against 11 Members of Congress Alleging Collusion with Payday Loan Industry
On October 5, 2015, CfA asked the Office of Congressional Ethics to investigate 11 members of Congress for possible criminal and ethics violations by accepting contributions from the payday lending industry shortly before or after taking official actions in support of the industry.