FCC officials owned stock in Comcast, Charter, AT&T, and Verizon, watchdog says

The Federal Communications Commission should be investigated for letting employees own stock in Comcast, Charter, AT&T, and Verizon, nonprofit watchdog group Campaign Legal Center told government officials.

“Federal law specifically bans FCC employees from owning ‘any stocks, bonds, or other securities of [any company] significantly regulated by the Commission,'” the nonprofit group said last week in a letter and detailed report sent to FCC Acting Inspector General Sharon Diskin. “Despite this ban, the most recent financial disclosures publicly available show that ethics officials allowed multiple FCC employees to own stock in telecommunications and other companies that appear to fall under the prohibition.”

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