Invesco, an investment management company, acquired Ross’s company, WL Ross & Co. LLC. in 2006.

In reports filed with OGE, Ross also disclosed late sales of at least $250,000 worth of stock in Greenbrier Companies Inc. and $1,000 in Sun Bancorp Inc. in December, and at least $50,000 in Air Lease Corp. in June, long after he was supposed to divest them. In each case, Ross explained he had been unaware that he still held the assets.

Ross received a 90-day extension beyond a May 15 deadline to file his financial disclosure for 2017. Apol urged the Commerce secretary to “devote the resources necessary” to ensure the report is accurate, and avoid “any self-help” remedies in future attempts to comply with ethics rules.

Ross disclosed assets worth at least $336 million ahead of his Senate confirmation hearing; nominees disclose the value of their holdings in broad ranges. The Bloomberg Billionaire’s Index calculated his net worth at $860 million in November.

This article was provided by Bloomberg News

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