Citizens for a Pro-Business Delaware Renews Calls for State-Level Legislation Requiring Stricter Judicial Financial Disclosure Following Introduction of Federal Bill by Delaware Sen. Coons
WILMINGTON, Del.--(BUSINESS WIRE)--After Delaware Senator Chris Coons introduced a bipartisan bill requiring tighter stock trading disclosures for federal judges, Citizens for a Pro-Business Delaware renewed its calls for similar legislation to be introduced and enacted on the state level in Delaware to improve transparency within the notoriously opaque and archaic Chancery Court along with other top state courts.
The bill would require judges to report any securities transactions of more than $1,000 into a new, online database following a Wall Street Journal Investigation which exposed 131 federal judges that failed to recuse themselves in nearly 700 cases where the judge or family members held stock with a company involved in the case.
Read more here.