State Democratic Party Executive Director Charlie King’s latest hit on GOP gubernatorial candidate Rick Lazio comes in the form of a call to the state Board of Elections to investigate the former congressman’s “ongoing relationship” with JPMorgan Chase for potential campaign finance violations.

King’s reasoning: Lazio reported on the financial disclosure form he (finally) filed with the Public Integrity Commission that he is on an “unpaid leave” from the Wall Street firm.

He did not disclose the terms of that agreement, such as whether he has access to the corporate jet, continued health coverage or deferred compensation that might be considered a reportable in-kind contribution.

“Given how fed up people are with Wall Street, Rick Lazio’s decision not to make a clean break from JPMorgan Chase makes no sense unless there’s some substantial financial upside for him,” King said in a press release. “There is certainly no political upside for him.”

“We already know Lazio’s decision to maintain an ongoing relationship with JPMorgan Chase doesn’t look good. The real question for the Board of Elections is whether any laws were broken.”

“Today we’re asking the Board of Elections to determine what kind of financial arrangement Lazio has with JPMorgan Chase and whether it runs afoul of campaign finance rules.”

King noted that Lazio’s (still unreleased) tax returns would likely shed some light on what kind of financial arrangement he has with the firm, from which he took a leave last September.

UPDATE: Here’s Lazio spokesman Barney Keller’s response; I also asked about the terms of Lazio’s leave, and am awaiting a reply:

“Charlie King sounds like he’s auditioning for a part on the X-Files, because everyday his conspiracy theories are getting more bizarre and out of control.”

“On the other hand, it is a fact that Andrew Cuomo has taken over seven million dollars from the special interests to protect Albany’s special interest government. That’s something he’ll have to address with the voters in November.”

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