Former Coronado mayor (I-Former R) warned by election regulators over missing financial disclosures

tate election regulators have issued a formal warning to former Coronado mayor and current San Diego City Council candidate Richard Bailey after he failed to properly disclose personal investments in multiple stocks over three years.

The decision from the California Fair Political Practices Commission, which enforces the state Political Reform Act, came in the wake of a sworn complaint filed against Bailey.

“Your actions violated the Act by failing to timely disclose stocks on your 2020, 2021 and 2022 annual SEIs,” or statements of economic interest, the FPPC said in its March 16 decision letter to Bailey.

Regulators said Bailey was issued a warning rather than a monetary fine because he cooperated with state investigators and quickly amended the filings in question.



https://www.sandiegouniontribune.com/2026/04/08/former-coronado-mayor-warned-by-election-regulators-over-missing-financial-disclosures/