(A)   Standards of conduct. 
      (1)   The Fiscal Officer and staff must continually be aware of the fiduciary nature of their responsibility for investing the public funds under their control. All persons responsible for investment decisions or who are involved in the management of the village's assets shall comply with all applicable Ohio and federal statutes and regulations, the codes of conduct established by the National Association of Securities Dealers and the Securities and Exchange Commission, and the Code of Ethics and Standards of Professional Conduct of the Association for Investment Management and Research.
      (2)   The Fiscal Officer and staff members are prohibited from having any direct or indirect interests in any of the investments made by the Fiscal Officer and from receiving payment, bonuses, or other compensation for investment services in excess of their regular compensation.
   (B)   Continuing education. The Fiscal Officer will annually complete the continuing education programs provided by the Treasurer of State and as required pursuant to R.C. §§ 117.44, 135.22 and 733.27. Through participation in these programs, the Fiscal Officer will develop an enhanced working knowledge and background in investment, case management, and ethics.
(Ord. 98-6-7, passed - -98)