(A) Officers and employees involved in the deposit and 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.
(B) Officers and employees involved in the deposit and investment of village funds shall disclose to the village's independent auditors any material financial interests in financial institutions that conduct business with the village and further disclose any large personal financial/investment positions that could be related to the performance of the village's portfolio.
(C) Officers and employees involved in the investment of village funds shall subordinate their personal investment transactions to those of the village's particularly with regard to the time of purchases and sales.
(Ord. 98-6-7, passed - -98)