Susie Lee bought shares of Ally Financial on June 15, 2021. She disclosed it 424 days later, on August 13, 2022. That's 379 days past the STOCK Act's 45-day deadline. The rule exists because Congress decided, in 2012, that the public has a right to know when its legislators are trading stocks. The rule does not, however, come with meaningful consequences. Below are the ten worst delays in our five-year dataset, ranked by days past the deadline. It gets worse before it gets better.
Photo: House Creative Committee, Public domain, via Wikimedia CommonsSale of $INFO ($1,001 - $15,000) on . Disclosed . 223 days past the STOCK Act deadline.
Manning's $INFO sale sat unreported for 223 days. IHS Markit, which traded under that ticker, is in the financial data business. The business of knowing things. On time.
Photo: Office of Senator Katie Britt, Public domain, via Wikimedia CommonsPurchase of $XOM (1K-15K) on . Disclosed . 243 days past the STOCK Act deadline.
Britt purchased Exxon Mobil in April 2025, which is newsworthy enough on its own given the Senate's ongoing energy debates. She then waited 243 days to mention it. The disclosure window had already lapped itself.
Photo: United States Congress, Public domain, via Wikimedia CommonsSale of $GM ($15,001 - $50,000) on . Disclosed . 260 days past the STOCK Act deadline.
Lowenthal sold General Motors at a range of $15,001 to $50,000 and disclosed 260 days late. GM is one of the more conspicuous companies a person can own. It wasn't exactly hiding in the portfolio.
Photo: U.S. House of Representatives, Public domain, via Wikimedia CommonsSale of $ACN (1K-15K) on . Disclosed . 319 days past the STOCK Act deadline.
Letlow sold Accenture, a consulting firm whose pitch to every client is operational efficiency. Three hundred nineteen days late. The consultants would like a word.
Photo: United States Government, Public domain, via Wikimedia CommonsPurchase of $NEWT ($1,001 - $15,000) on . Disclosed . 329 days past the STOCK Act deadline.
Foxx purchased Newtek Business Services and held the disclosure for 329 days. She was, during part of this period, chairing the House Education and the Workforce Committee. Governance is a lifestyle.
Photo: Renee Bouchard, United States Senate Photographic Studio, Public domain, via Wikimedia CommonsSale of $PLTR (1K-15K) on . Disclosed . 339 days past the STOCK Act deadline.
Hickenlooper sold Palantir, a data analytics firm literally built around surveillance and information processing, and sat on the disclosure for 339 days. Palantir would have flagged this.
Photo: Kristie Boyd; U.S. House Office of Photography, Public domain, via Wikimedia CommonsSale of $CRNC ($1,001 - $15,000) on . Disclosed . 352 days past the STOCK Act deadline.
Gottheimer sold Cerence, an AI software company, and then apparently forgot to tell anyone for nearly a full calendar year. Three hundred fifty-two days. That's not a missed deadline, that's a missed season.
Photo: U.S. House of Representatives, Public domain, via Wikimedia CommonsPurchase of $BLK ($15,001 - $50,000) on . Disclosed . 356 days past the STOCK Act deadline.
Miller purchased BlackRock, the asset management firm whose entire business model is knowing where money is moving. She disclosed it 356 days late. The irony is doing its own heavy lifting here.
Photo: Rebecca Hammel, U.S. Senate Photographic Studio, Public domain, via Wikimedia CommonsSale of $ETFIVW (1K-15K) on . Disclosed . 373 days past the STOCK Act deadline.
Boozman's trade was in an iShares ETF, which is about as generic as stock-market participation gets. It still took 373 days to mention it. If the bar is 'disclose a vanilla index fund within a year,' this is a bar that got limbo'd.
Photo: U.S. House of Representatives, Public domain, via Wikimedia CommonsPurchase of $ALLY ($1,001 - $15,000) on . Disclosed . 379 days past the STOCK Act deadline.
Ally Financial is a consumer bank. Lee represents a Nevada district full of people who use consumer banks. She had over a year to connect those dots before the filing showed up. The receipts arrived eventually.
The STOCK Act fine for a late disclosure is $200. Not $200 per day. Two hundred dollars, flat, one time, regardless of whether you're 50 days late or 379 days late. The Treasury collects it. Nobody loses a committee seat. Nobody gets a phone call from leadership. The $200 fine has not been adjusted for inflation since 2012.
The receipts are public. Make of them what you make of them.