Regent Rastetter Files Amended Disclosure Forms

Regent President Pro Tem Bruce Rastetter looks out as Iowa Citizens for Community protesters hold up signs suggesting to fire Rastetter during the Iowa Board of Regents meeting in the Maucker Union on the University of Northern Iowa campus Friday, Aug. 3, 2012, in Cedar Falls, Iowa. The group rallied outside calling for Regent President Pro Tem Bruce Rastetter's resignation for a conflict of interest. (AP Photo/Waterloo Courier, Matthew Putney)

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By Kara Kelly

DES MOINES, Iowa (AP) — Iowa Board of Regents member Bruce Rastetter has filed an amended financial disclosure statement with a state ethics board just days before the board considers whether he violated state ethics rules.

The Iowa Ethics and Campaign Disclosure Board meets Thursday to review a complaint filed by Iowa Citizens for Community Improvement, a government watchdog group.

The complaint alleges Rastetter misrepresented himself on financial disclosure forms as a farmer when in fact he owns numerous investments and gets significant income from executive positions at corporations he oversees.

The new disclosure filed Monday adds his position as CEO at two companies in addition to multiple investments and real estate holdings.

Rastetter's lawyer says the new disclosures are intended to resolve ethics questions.

Iowa CCI declared victory saying it's an admission of guilt.

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