Authorized investment officers, elected officials and employees in policy-making positions shall refrain from personal business activity that could conflict with or impair their ability to make impartial decisions. Such individuals shall disclose to the Treasurer any material financial interests in financial institutions, which conduct business with the village, and they shall further disclose any personal financial investment positions that could be related to the performance of the investment portfolio. Such individuals shall subordinate their personal investment transactions to those of the investment portfolio, particularly with regard to the time of purchase and sales.
(Prior Code, § 2-313)