Rep. Alan Grayson (D.,Fla.) said that he is not receiving compensation through a controversial Cayman Island hedge fund despite being listed as the manager, the Tampa Bay Times reports.
Rep. Alan Grayson (D., Fla.) has quietly changed the name of the controversial hedge funds that has put the congressman under increased scrutiny over whether he was in violation of ethics rules.
The decision of Rep. Alan Grayson (D., Fla.) to partake in an interview about his Senate candidacy may have violated congressional ethics rules, according to experts on the matter.
A congressional staffer in Rep. Alan Grayson’s (D., Fla.) Washington, D.C., office is also listed as a director of the congressman’s controversial Cayman Island hedge funds.
A conservative watchdog group is calling for an ethics probe into hedge funds controlled by Rep. Alan Grayson (D., Fla.) that bear his name, saying the congressman has committed an “oblivious” violation of ethics rules.
Rep. Alan Grayson (D., Fla.) is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules.