Cameron Collins

National Public Radio

The son of former Clarence Rep. Chris Collins and the son's prospective father-in-law have each pleaded guilty to one count of conspiracy to commit securities fraud in federal court in Manhattan.

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The indictment charging Rep. Chris Collins (R-Clarence) and his son with insider trading has raised questions about this November's congressional elections. His GOP colleague in Western New York, Tom Reed said he recognizes the indictment represents "serious allegations," but Collins' decision to stay on the ballot is a family decision.