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Canada New rules of conduct for municipal politicians could be ready by this fall

13:48  03 july  2020
13:48  03 july  2020 Source:   cbc.ca

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One reason why this new ruling could cause controversy is that bond investors never knew how much markup We are providing certain data supplied to us by the Municipal Securities Rulemaking Board ("the Service" Is your portfolio protected for what the markets will bring this fall ? ETF Investing.

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Chuck Porter wearing a suit and tie: Municipal Affairs Minister Chuck Porter wants new rules governing the conduct of municipal politicians to be in place as soon as possible. © Robert Short/CBC Municipal Affairs Minister Chuck Porter wants new rules governing the conduct of municipal politicians to be in place as soon as possible.

Rules governing conduct for municipal politicians could be updated as early as this fall.

The Department of Municipal Affairs has been consulting municipalities about possible changes.

"It's important to me that issues of conduct are dealt with consistently and appropriately," said Municipal Affairs Minister Chuck Porter. "I'm really passionate about that. I want to see this through and my timeline is … soon."

The province made municipal codes of conduct mandatory in 2017.

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MSRB Rules allow which of the following when selling a new issue of municipal bonds? A municipal firm that is participating in a secondary market joint account can do all of the following EXCEPT: a. effect a transaction for a related portfolio from a joint account b. effect a transaction for

It also sets rules for the conduct of municipal securities representatives - including imposing a Under MSRB rules , a registered representative can perform which of the following functions? Confirmation information that must be shown for municipal bonds traded at a discount or premium from par includes the yield It could do this by making purchases of that issue in its discretionary accounts.

The warden of the Municipality of Yarmouth was given a paid leave of absence last month until the end of the term in October and asked to take anger management counselling. The decision was made after an internal review of Leland Anthony based on the municipality's code of conduct and its policy on workplace violence.

No details about what was investigated have been released.

Rules need some bite, says Mood

The President of the Nova Scotia Federation of Municipalities said the rules need to have teeth.

"There's no consequences," said Pam Mood. "Do I want to pay taxes for somebody's stipend when they are not even at the table? It's just wrong."

Mood believes a standard code of conduct should be developed by the province and the process should include an independent investigator.

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Senator Tim Scott of South Carolina, the Republican Party’s lone black senator, was tasked with leading a group to craft a conservative policy response to calls for police reform.Credit Erin Schaff/The New York Times.

The LEOC did not set a new date, and said they would revisit the decision on May 1.[3] On April 29, the LEOC announced the resumption of the contest, with 27 February – Deadline for potential candidates to enter leadership election. Candidates must have, by this date, paid at least ,000 towards their

She also thinks the public has a right to know about some of the details before a municipal politician runs for re-election.

"I can't understand why if someone goes through an investigation, and the allegations are found to be true, why the public would not have access to that information," said Mood.

Mood wants the issue dealt with by this fall so anyone who wins during this October's municipal elections can be made aware of the new rules.

"I always say, 'Don't issue me a speeding ticket unless you've posted the limit first,'" Mood said. "So they get the training. What happens after that is fair game."

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