The Chief Justice of the United States Says Judges Need “Strict” Stock Trading Rules Training Reuters

© Reuters. File picture: Chief Justice John Roberts of the United States Supreme Court will arrive in Washington, United States on April 28, 2021, to attend President Joe Biden’s first speech at the United States Congress in the United States Capitol. REUTERS/Jonathan Erns

Author: Jan Wolf

(Reuters)-U.S. Chief Justice John Roberts quoted a recent Wall Street report in his year-end report released on Friday, saying that U.S. federal judges need “stricter” ethics training to ensure that they will not try to deal with them. There are disputes related to economic interests. Journal survey.

The newspaper reported in September that 131 federal judges violated disqualification rules and judicial ethics by presiding over cases involving companies in which they or family members own stocks.

Roberts stated in his annual report on the federal judiciary that most judges strictly abide by the rules, and most of the violations pointed out by the Wall Street Journal are “isolation” and “unintentional” caused by the failure of the conflict inspection procedures to reveal financial conflicts. negligence.

Roberts said in the report: “But for judges who have repeatedly violated the rules or claimed to be ignorant of the rules of ethics, the problem of insufficient ethics training is even more serious.”

Roberts said that the decision-making bodies of the federal judiciary have begun to strengthen the ethics training courses for judges to ensure that they understand their obligations.

“In general, our ethics training program needs to be stricter,” Roberts said. “This means more classroom time, webinars and consultations. But it also requires more attention to promote a culture of compliance, even when the judicial calendar is full with busy files.”

The House of Representatives passed a bipartisan bill imposing stricter public financial reporting requirements on federal district and appellate court judges by a vote of 422 to 4. The Senate has not yet taken action on the supporting bill.

Driven by the Wall Street Journal’s investigation, the Court’s Ethics and Transparency Act will set a 45-day window for judges to report on stock transactions in excess of $1,000 and require the judiciary to publish online disclosure forms.

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