Sen. Roger Marshall disclosed 2018 and 2020 stock trades by his dependent children more than a year after STOCK Act reporting deadlines, in 2021 filings

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Under the STOCK Act, members of Congress must report stock trades by themselves, spouses and dependent children within 45 days. A Periodic Transaction Report for Roger Marshall (KS-01), stamped received September 28, 2021 by the House Resource Center and marked Initial Report, lists trades by dependent children: iSelect Fund B purchases dated 09/09/18 (two entries), a Microsoft sale on 02/24/20, Chevron and Disney purchases on 03/09/20, and Disney, Gilead and Roku sales on 07/08/20, each in the $1,001 to $15,000 range. The form states that a $200 penalty shall be assessed against anyone who files more than 30 days late. Business Insider reported in October 2021 that the 2020 trades were disclosed more than 17 months late. McClatchy (Oct 4, 2021) reported that Marshall was more than a year late on the trades, that he had disclosed the 2020 trades in his annual report to the Senate on August 13, 2021 before the House filing, and that fines are at the Senate Ethics Committee's discretion and, according to a Project on Government Oversight analyst, the committee usually does not levy penalties. Marshall's spokesperson Michawn Rich said: "these trades were made unbeknownst to Senator Marshall. The moment Senator Marshall was made aware, the proper reporting was handled." She did not answer Business Insider's questions about whether a late-filing fine was paid or whether he had been in contact with the ethics committees, and the sources reviewed here did not identify any penalty or Ethics Committee action.

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