Officers and employees involved in the investment process shall refrain from personal business activity that could conflict with proper execution of the investment program, or which could impair their ability to make impartial investment decisions. Investment officials shall disclose to the Treasurer any material financial interests in financial institutions that conduct business within this jurisdiction and they shall further disclose any large personal financial/investment positions that could be related to the performance of the city’s portfolio. Officers and investment officials shall subordinate their personal investment transactions to those of the city’s treasury, particularly concerning the time of purchases and sales.
(Ord. 521, passed 6-13-2006)