Fox Business: “Sen. Kelly may have violated transparency law by waiting to disclose Chinese tech stock”
Washington, D.C. – From courting Chinese Communist Party leaders to invest in his business to accepting campaign funds from a Huawei lobbyist, there seems to be no limit to Mark Kelly’s love for Communist China. Kelly even called his attendance at numerous Chinese government-sponsored business conferences “one of the absolute highlights of my life.”
According to a recent report from Fox Business, Mark Kelly tried to hide his connections to the CCP when filing his most recent periodic transaction report by failing to disclose within 45 days that he exercised his stock options on Boom Technology – a clear violation of the STOCK Act. As previously reported, Mark Kelly sat on the advisory board for Boom Technology and holds a financial interest in the company, which has significant ties to the CCP.
There is no limit to Mark Kelly’s involvement with Communist China or his attempts to hide his shady connections.
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First-term Sen. Mark Kelly, D-Ariz., appears to have violated a federal transparency law by waiting to disclose an investment in a a technology firm with ties to China.
According to the most recent periodic transaction record (PTR) published this week, Kelly exercised his stock option on an investment in Boom Technology Inc., on April 13 but did not report it for months on a PTR, in possible violation of the the Stop Trading on Congressional Knowledge (STOCK) Act of 2012.
The STOCK Act makes it illegal for lawmakers to engage in insider trading and requires that they disclose the purchase of any stock larger than $1,000 between 30 to 45 days. Kelly appears to have failed to disclose his investment in Boom Technologies on the PTR before the 45-day deadline.
According to a review of Kelly’s transaction by Fox News, the senator filed his PTR on Aug. 16, well outside of the 45-day deadline required by law. The amount disclosed by Kelly was between $1,001 and $15,000 […]
Kelly served on the advisory board of Boom Technology, a Colorado company, from 2015 to 2019. The Washington Free Beacon reported last year that Boom Technology partnered with a Chinese travel company, Trip.com Group Unlimited, in 2018 to “bring supersonic flight to China.”
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