«We've asked the Conflicts of Interest Board to determine whether the mayor setting up a shadow government is actually a violation of specific provisions of
the conflicts of interest law,» said Susan Lerner, executive director of Common Cause of New York, which promotes campaign finance reform.
That, too, was a violation of the city's
conflicts of interest law.
He believes that the Congress has the constitutional power to extend the existing
conflicts of interest law to cover the President, and he thinks Congress should try to do so.
Several people have asked me why the federal
conflicts of interest law, which bars every lowly executive branch official from acting on matters that affect their personal financial interests, won't apply to President Donald Trump.
The conflicts of interest law — which carries federal criminal penalties — avoids those issues by exempting the President and Vice President from its provisions.
«We write because we are increasingly concerned about the role you are playing in the Trump Administration and the possibility that you are breaking federal
conflict of interest laws,» the seven senators wrote in the letter, seen by Reuters.
Since his electoral win in November, Trump has rightfully noted that the president is exempt from criminal
conflict of interest laws.
An appeals court has overturned a previous court decision that had said Ford violated the province's
conflict of interest law.
interpreting and enforcing the city's
Conflict of Interest Law and does everything from scanning annual financial disclosure forms of some 8,500 city employees and others to
The story notes that the city's
conflict of interest law does not bar an elected official from hiring a cousin, though it does prohibit them from benefiting other relatives — spouses, domestic partners, children, parents or siblings.
«The bottom line is, Presidents are not subject to the same
conflict of interest laws as most federal officials,» said Hoylman.
For example, CIRM's 29 directors and additional top management must file statements of economic interest under the state's
conflict of interest laws.
Chau's bill is the third consecutive legislative attempt at making it a legal requirement that charter schools adhere to the open meeting, public records and
conflict of interest laws.
Conflict of interest laws are also problematic for charters because they can, among other things, prohibit school employees from participating in decisions that impact them financially.
30) Revolving Door News / Texas: A new
conflict of interest law is allegedly causing a staff exodus from the Department of Transportation.
The complaint, filed with New Jersey State Ethics Commission, charges Julia Sass Rubin violated the State's
Conflict of Interest Law and Uniform Ethics Code, as well as the University's Code and Policies for faculty employees.
In an egregious case of abuse, the former superintendent of tiny Mountain Empire Unified School District in San Diego County pleaded guilty last year to violating
conflict of interest laws for personally taking a cut of the oversight fees and creating a consulting firm to serve the 13 independent study charters, operating outside of Mountain Empire, that his district approved.
He vetoed Assembly Bill 913, legislation we opposed related to charter school
conflict of interest laws.
Rodriguez has been indicted on felony campaign violations and has been accused of violating
conflict of interest laws while he acted as treasurer of Partnership to Uplift Communities, a network of charter schools.
Conflict of interest laws.
California Court of Appeal applies
conflict of interest law to reverse $ 23 million breach of contract judgment against school district.
The State Ethics Commission strictly enforces the state's
conflict of interest law and financial disclosure law, which are applicable to all public employees and elected officials in Massachusetts.
BHPK advises elected and appointed government officials and employees about a myriad of issues under the state
conflict of interest law including:
For example, The City or Town Clerk must distribute to all current employees each year between September 15 and December 15, a summary of
the conflict of interest law for municipal employees, Massachusetts General Laws Chapter 268A, as posted on the website of the State Ethics Commission.
The new regulations implement important changes to the State
Conflict of Interest Law enacted in 2009.
Not exact matches
Sen. Feinstein cites
conflict of interest since his
law firm, though not Bernhardt, is paid to lobby for the company.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding
conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental
laws, such as U.S. export control
laws and U.S. and foreign anti-bribery
laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental
laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax
law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher
interest payments should
interest rates increase substantially; 27) the effectiveness
of any
interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign
laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The tower has been at the center
of potential
conflicts of interest involving Kushner, who is also Trump's son - in -
law.
A recent paper by two professors at the University
of Massachusetts found that many financial economists who weighed in on the Wall Street overhaul signed into
law in July failed to prominently disclose potential
conflicts of interest.
In the U.S., we generally believe that publicly - held firms are to be managed for «shareholder value» (technically, the Securities Exchange Commission's Code
of Ethics for CEOs only requires the firm to provide full, fair, accurate and timely financial reporting, and to flag any known
conflicts of interest or violations
of securities
law, but state
laws often impose stricter fiduciary duties on the firm's top managers).
An early
conflict -
of -
interest concern involved his
law firm's representation
of some
of the people caught up in the investigation, including Paul Manafort, Trump's former campaign chairman, and Jared Kushner, the president's son - in -
law and senior adviser.
The rule
of law and apolitical
law enforcement are under attack by a president who is a walking
conflict of interest, with his un-divested businesses, nepotistic hiring, and unprecedented lack
of transparency about personal finances.
Trump on his businesses /
conflict q's: «The
law's totally on my side, the president can't have a
conflict of interest.»
Hotshot City
law firm Linklaters has asked its lawyers to declare any office romances to ensure «any actual or potential
conflict of interest» is...
Employees
of government agencies, like the CFTC, are subject to long - established
laws and regulations on
conflicts of interest, insider trading, and ownership restrictions
of regulated assets.»
The Code
of Ethics covers topics such as financial reporting,
conflicts of interest and compliance with
laws, rules, regulations and our policies.
Federal
law does not prohibit the president's involvement in private business while in office, even though lawmakers and executive branch officials are subject to
conflict -
of -
interest rules.
Under the
law, if Cohn sells his Goldman stock to avoid a
conflict of interest as a member
of the Executive Branch, he will be able to indefinitely defer capital gains taxes on the sale, providing he invests the proceeds from the stock sales in government securities or an approved government securities mutual fund.
To the contrary, the annals
of corporate
law are replete with instances in which managers faced with a
conflict of interest did the right thing.
At a meeting
of the Financial Literacy and Education Commission, held at the Treasury building in Washington, Perez noted that while «lawsuits have been filed» against the
conflict of interest rule, «we will continue to fight those vigorously,» adding that he believes DOL is «on the right side
of the
law and history.»
Bill Morneau paying a $ 200 fine for failing to disclose his stake in the ownership structure
of his French villa — he had disclosed the villa itself — was turned into wails that he was a
law - breaker, or that the fine was somehow a sanction for a «
conflict of interest» that was never a
conflict.
See «FSA Report Warns Investment Managers to Revise Their Compliance Policies and Procedures to Address Key
Conflicts of Interest,» The Hedge Fund
Law Report, Vol.
The
law does not prohibit such transactions, but it looks with suspicion on them based on the inherent
conflicts of interest.
For more on
conflicts of interest involving fee and expense allocations, see «Blackstone Settles SEC Charges Over Undisclosed Fee Practices,» The Hedge Fund
Law Report, Vol.
8, No. 41 (Oct. 22, 2015); «RCA Panel Highlights
Conflicts of Interest Affecting Fund Managers,» The Hedge Fund
Law Report, Vol.
I understand that the OWS movement is looking to minimize economic disparites via handfull
of measures — IE: revoke the
laws that grant corporations «personhood», cut the Delaware loophole that allows
conflicts of interest, and separate commercial and investment banking systems like the U.S. did in the early 20th century.
Although this issue has received little attention, it seems inevitable that mandatory reporting
laws will become a battleground for the
conflicting interests of church and state.
If the proposed transaction or arrangement is one in which a director, officer or staff member, or their Related Parties have a «substantial financial
interest» within the meaning
of New York
law, the Audit and Risk Committee must consider alternative transactions that do not give rise to a
conflict of interest, to the extent available.
In 2014 thousands
of people signed a petiton calling on the Department
of Health to end these links as it has a
conflict of interest when it is responsible for overseeing the
law these companies flout.
In the UK, Baby Milk Action is the secretariat for the Baby Feeding
Law Group, a coalition
of leading health professional and mother support groups and a founder
of the
Conflict of Interest Coalition.